Hong Kong Stock Market Midday Review

Junda Co., Ltd. (02865) surged over 21%, with institutions optimistic about the growth potential driven by space-based solar power.

According to Zhitong Finance, the Hang Seng Index rose by 0.75%, up 197 points, to close at 26,578 points, while the Hang Seng Tech Index increased by 1.03%. The morning trading volume of Hong Kong stocks reached HKD 121.8 billion.

Following today’s close, Pony AI-W (02026) surged by 6.78% and Hesai-W (02525) gained over 4% as they were officially included in the MSCI China Index. MSCI previously announced the results of its quarterly index review for February 2026. This adjustment added 37 new stocks to the MSCI China Index, including Pony AI, SenseTime, and Hesai, with the changes taking effect after the market close on February 27.

Junda Co., Ltd. (02865) surged over 21%, with institutions optimistic about the growth potential driven by space-based solar power.

Sun Hung Kai Properties (00016) rose by 7%, with underlying profit increasing by 16.7% year-on-year to HKD 12.213 billion, leading the blue-chip gains.

Tungsten prices continued to rise, with Jiaxin International Resources (03858) surging over 7%.

JL Mag (06680) rose by 4.36%. Rare earths have seen sustained price increases recently, with institutional analysts pointing to strong policy-driven support.

China Fortune Quantum (00290) surged over 5% again, with cumulative gains reaching 40% over the past seven trading days. The company is expected to join the Stock Connect program next month.

Eagle Precision (01286) rose over 5%, hitting another all-time high since its listing. The stock has cumulatively risen over 70% year-to-date.

Unisound (09678) surged by 7.65% after launching the Unisound U1-OCR Document Intelligence Foundation Model.

China Fortune Hydrogen Energy (02582) rose another 2%, with the company participating in a national-level nuclear fusion research platform’s cryogenic system project.

AGTech Holdings (08279) surged over 7% again, with cumulative gains nearing 140% since the holiday period. The company is partnering with the Hong Kong Gold Exchange to develop an international precious metals trading platform.

Chow Tai Fook (00659) fell more than 3% after reporting earnings. Its net profit for the first half of the year increased by over 15% year-on-year, with a dividend of 28 Hong Kong cents per share, representing an approximate 3% increase compared to the previous year.



Source link

Visited 1 times, 1 visit(s) today

Related Article

Enrollment Weakness Pressures Universal Technical Institute (UTI)

Conestoga Capital Advisors, an asset management company, released its third-quarter 2026 investor letter. The letter can be downloaded here. Conestoga Capital Advisors released its third-quarter 2026 investor letter, outlining a shifting macroeconomic backdrop for small-cap equities. After a strong start to 2026, 3Q26 headwinds—including elevated oil prices, persistent inflation, and a September Fed rate hike—drove

Blue Lagoon shareholders approve stock market listing and staff share options

By Elías Thorsson October 30, 2026 ‘ Sigríður Margrét Oddsdóttir, CEO of the Blue Lagoon, and Grímur Sæmundsen, chairman of the group’s board. (Blue Lagoon) Shareholders in Blue Lagoon hf. have formally approved a public share offering and an application to list the company’s shares on the Main Market of Nasdaq Iceland. The offering and

INTC Stock Heads For Worst Day In Over 2 Years: Jefferies Calls Q4 A ‘Substantial’ Reset Amid Slew Of Wall Street Price Cuts, Downgrades

Both Bank of America and Roth Capital downgraded Intel to ‘Neutral’ from ‘Buy’. Bank of America also lowered its estimate of the company’s 2030 earnings power. Citi called Intel’s quarterly performance a ‘strong beat’ but said its December-quarter outlook was ‘weak.’ Intel (INTC) shares were on track to wipe out a quarter of their market

Why isn’t China’s AI and tech boom saving its stock markets?

Hong Kong —  The global artificial intelligence boom that has helped sustain Chinese economic momentum this year still can’t offset its domestic woes, particularly in its stock market. Since peaking in June, key Chinese indexes have fallen more than 20%, crossing the threshold for a bear market. Beijing responded last week by pumping $19 billion into

The Magnificent 7 stocks are seeing stunning declines

Call it the Unflattering 7. Long known as the Magnificent 7 stocks, shares of Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Amazon (AMZN), Tesla (TSLA), Meta (META) and Google (GOOG) are acting anything but, especially compared to their 52-week highs. Meta and Alphabet are effectively in bear markets, down more than 20% from their 52-week highs,

SpaceX’s Stock Sits Below Its June IPO Open. Is That a Warning Sign for Anthropic?

This week, AI giant Anthropic released its S-1 form, the mandatory filing that companies must make with the Securities and Exchange Commission prior to an initial public offering (IPO). Many investors likely welcomed this news, as there’s definitely broad interest in getting portfolio exposure to the AI lab. Still, investors may recall that there was

Can Dar Global (LSE:DAR) Justify A Reasonable Price As It Expands?

Dar Global has delivered a very strong 3 year share price run, and the stock now trades with expectations that hinge squarely on what its earnings can justify. With that kind of history in the rear-view mirror, the live question for investors is whether today’s price fairly reflects the profit engine behind the business. Over

Daily Market Price Updates and Commentary 29th October 2026

  ICE Futures U.S. Sugar No.11 Contract Settlement (cUS$/lb) Open High Low Last Volume O/I Life High Life Low Mar27 19.47 0.13 ▲ 19.39 19.80 19.34 19.52 61,646 626,418 21.29 14.42 May27 18.95 0.14 ▲ 18.84 19.23 18.81 18.98 33,517 197,251 20.40 14.29 Jul27 18.53 0.11 ▲ 18.50 18.80 18.41 18.56 25,307 155,833 19.81 14.27

Midterm election: How the stock market has performed before and after

People wait in line on Oct. 25 to participate in early voting for the midterm elections in Cary, North Carolina. Allison Joyce | Afp | Getty Images With the midterm elections approaching, some investors worry about how the results will impact their portfolios. Whether their anxiety is warranted is another question. Nearly half of surveyed

ServiceNow Inc Stock (NOW) Moved Down by 26.98% on Oct 29: A Full Analysis

ServiceNow experienced a severe sell-off following the release of its third-quarter financial results. Although top-line total revenue and subscription sales exceeded Wall Street estimates, adjusted earnings per share fell slightly short of consensus projections, snapping a multi-quarter streak of outperformance. More critically, investor disappointment focused on management’s forward guidance. The company projected a deceleration in

5 things to watch on the ASX 200 on Friday 30 October 2026

On Thursday, the S&P/ASX 200 Index (ASX: XJO) was on form and charged higher. The benchmark index rose 0.5% to 8,891.8 points. Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch: Image source: Getty Images ASX 200 expected to rise The Australian

Cramer’s lightning round: Sell AMC

Stock Chart IconStock chart icon Lam Research’s year-to-date stock performance. Lam Research: “Lam Research is the best in the game of capital equipment. Now, here’s what you have to do: if you want to buy 100 shares of Lam, I don’t want you to buy more than 25 right now. We have some bad numbers

Why ATI (ATI) stock is up today

Why ATI (ATI) stock is up today What happened? Shares of specialty materials manufacturer ATI (NYSE:ATI) jumped 10.9% in the afternoon session after the company reported third-quarter 2026 financial results and raised its full-year adjusted EBITDA forecast. According to a company press release, ATI reported third-quarter revenue of $1.42 billion, up 26.5% year on year.

Amazon earnings live: Q3 earnings miss sending shares lower

Amazon (AMZN) reported its third-quarter results Thursday, missing on the top and bottom lines, sending shares falling. Amazon also says Q4 net sales will come in between $240 billion and $247 billion versus expectations of $244.5 billion Amazon’s report comes a day after Google (GOOG, GOOGL) reported disappointing earnings that sent shares of the search

0
Would love your thoughts, please comment.x
()
x