Hang Seng Tech Index

Hong Kong stocks retreated as regional tech volatility and a tech sell-off in neighboring markets dampened sentiment. The Hang Seng Index fell 0.78% while the Hang Seng Tech Index declined 0.06% despite optimism around recent IPO lock-up expirations.

Hong Kong stocks retreated as regional tech volatility and a tech sell-off in neighboring markets offset optimism from initial public offering lock-up expirations. The Hang Seng Index fell 0.78% to 24,011, while the Hang Seng Tech Index declined 0.06%.

Alibaba Group Holding's shares rose 12.2% in Hong Kong amid expectations of revenue growth driven by AI demand and reduced food delivery losses. Equity analysts anticipate reaccelerated revenue in the June quarter, with rivals Tencent and Meituan also seeing share gains.

Hong Kong stocks rebounded as concerns over lock-up expiries eased, with the Hang Seng Index rising 2.4% and the Hang Seng Tech Index surging 4.3% amid strong tech sector performance. The rebound occurred despite renewed geopolitical tensions in the Middle East, indicating improved market sentiment.

Hong Kong stocks rebounded as concerns over lock-up expiries eased, with the Hang Seng Index rising 2.4% and technology shares driving broader gains despite Middle East tensions. The Hang Seng Tech Index surged 4.3%.

Hong Kong stocks fell 11% in the first half due to the Federal Reserve's shift and limited AI exposure, underperforming global benchmarks. The Hang Seng Tech Index dropped 19%, highlighting struggles in tech-related sectors.

The Hang Seng Index is on track for its worst weekly performance in over a year as technology stocks face renewed selling pressure, with the index down 2.3% and the Hang Seng Tech Index falling nearly 4%.

Hong Kong stocks rebounded on Wednesday with the Hang Seng Index and Hang Seng Tech Index rising 0.6% and 1% respectively, contrasting with US stock market declines driven by concerns over technology company valuations and leveraged bets on South Korean chipmakers. Mainland China’s CSI 300 Index fell 0.1%.

Hong Kong stocks rose after the US announced a deal with Iran to reopen the Strait of Hormuz, lifting a naval blockade and triggering a 'risk-on' market environment. The Hang Seng Index and Hang Seng Tech Index increased, alongside gains in mainland and Asian markets.

MiniMax Group and Knowledge Atlas Technology were added to Hong Kong’s Hang Seng Tech Index, marking the first inclusion of pure-play AI companies in the benchmark. Analysts suggested the move could drive passive inflows, but shares moved inversely amid a broader market sell-off.

Hong Kong stocks declined alongside Asian markets as rising expectations of a US interest-rate increase following a strong jobs report triggered fears of capital outflows and the unwinding of AI-driven rallies in China and South Korea. The Hang Seng Index dropped 1.8%, the Hang Seng Tech Index fell 3.1%, the CSI 300 Index slid 1.9%, and the Star Market 50 Index retreated 4.2%.

Chinese AI firms Zhipu AI and MiniMax Group will be added to Hong Kong's Hang Seng Tech Index next month, addressing investor concerns about the index's underperformance amid the global AI boom. Three other companies including J&T Global Express, Aluminum Corp of China, and BeOne Medicines will join the broader Hang Seng Index.

Chinese AI firms Zhipu AI and MiniMax Group will join Hong Kong's Hang Seng Tech Index next month, addressing investor concerns about the index's underperformance in capturing the global AI boom. Additionally, J&T Global Express, Aluminum Corp of China, and BeOne Medicines will be added to the broader Hang Seng Index benchmark.