--- title: "Hong Kong Stock Mid-Review | Hang Seng Index rose 0.91% in the morning session, Alibaba increased by over 6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/258625437.md" description: "The Hong Kong Hang Seng Index rose 0.91% in the morning session, with Alibaba-W up over 6%. CEO Eddie Wu stated that they are advancing the construction of a 380 billion AI infrastructure. Chip stocks performed actively, with SMIC rising over 7% and Hua Hong Semiconductor up 7%. KINGDEE INT'L increased nearly 6%, and Yunzhijia was re-consolidated. Jinfo Pharmaceutical-B rose 6.77%, and Hisense H.A. increased 9.69% after reaching a strategic cooperation with Dow. The overall market turnover was HKD 150.9 billion" datetime: "2025-09-24T04:06:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258625437.md) - [en](https://longbridge.com/en/news/258625437.md) - [zh-HK](https://longbridge.com/zh-HK/news/258625437.md) generator: "portal-rs" --- # Hong Kong Stock Mid-Review | Hang Seng Index rose 0.91% in the morning session, Alibaba increased by over 6% According to Zhitong Finance APP, the Hong Kong Hang Seng Index rose by 0.91%, up 238 points, closing at 26,397 points; the Hang Seng Tech Index increased by 2.19%. The turnover of Hong Kong stocks in the morning session was HKD 150.9 billion. Alibaba-W (09988) surged over 6%, with CEO Eddie Wu stating that they are actively promoting the construction of a HKD 380 billion AI infrastructure. Chip stocks performed actively. SMIC (00981) rose over 7% to reach a new high, and Hua Hong Semiconductor (01347) increased by 7%. KINGDEE INT'L (00268) rose nearly 6%, with Yunzhijia re-implementing consolidation, aligning its development direction with the company's strategy. China Foods (00506) rose over 4% again, accumulating over 20% increase after entering the market, as the company is most suitable for undertaking food business within COFCO Group. JinFang Pharmaceutical-B (02595) rose by 6.77%, with the company's research data showcased at the AACR annual meeting, currently forming a RAS-targeted therapy matrix. Hong Kong Broadband (01310) rose over 5% again, as China Mobile's sale of shares aims to comply with regulatory requirements, which will improve the company's financial situation in the future. China Innovation Aviation (03931) rose over 7%, benefiting from the strong domestic energy storage market and the trend of order centralization. Hisense H.A. (00921) rose by 9.69%, as the company reached a strategic cooperation with Dow, and management is optimistic about the overseas home appliance business. ASMPT (00522) rose over 8%, with a clear direction for semiconductor equipment localization, and the company's TCB equipment order volume increased by 50% in the first half of the year. Xiangfeng Group (02473) once rose over 9%, with a morning increase of 5.86%. It has reached a strategic cooperation intention with Smart Donkey to accelerate the deployment of intelligent logistics ### Related Stocks - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [000921.CN](https://longbridge.com/en/quote/000921.CN.md) - [00921.HK](https://longbridge.com/en/quote/00921.HK.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [00268.HK](https://longbridge.com/en/quote/00268.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) ## Related News & Research - [Hisense Home Appliances Deploys RMB1.74 Billion in Bairui Trust Wealth Products](https://longbridge.com/en/news/298432935.md) - [SMIC files HKEX next-day disclosure return, issues 1,000 new shares to lift share capital](https://longbridge.com/en/news/298203671.md) - [Hua Hong Grace Semiconductor announces extraordinary general meeting](https://longbridge.com/en/news/298017190.md) - [Alibaba Expands Equity Base with HK$112.7 Placement of 710 Million New Shares](https://longbridge.com/en/news/298029562.md) - [13:03 ETHisense dévoile à l'IFA 2026 son concept « Companion Living » basé sur l'IA](https://longbridge.com/en/news/298062231.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**