--- title: "Hong Kong stocks intraday | The semiconductor sector leads the gains, Hang Seng Index rises 1.04%, SMIC and HUA HONG SEMI significantly strengthen" description: "Hong Kong stocks performed brightly during the session, with the Hang Seng Index reaching a new intraday high. The semiconductor sector led the gains strongly, with funds continuing to concentrate on " type: "news" locale: "en" url: "https://longbridge.com/en/news/273922248.md" published_at: "2026-01-28T02:33:03.000Z" --- # Hong Kong stocks intraday | The semiconductor sector leads the gains, Hang Seng Index rises 1.04%, SMIC and HUA HONG SEMI significantly strengthen > Hong Kong stocks performed brightly during the session, with the Hang Seng Index reaching a new intraday high. The semiconductor sector led the gains strongly, with funds continuing to concentrate on growth and economic recovery. SMIC and Hua Hong Semiconductor rose by 2.42% and 4.82% respectively during the session. The internet and retail sectors showed a mixed performance, with Tencent Holdings and Kuaishou recently attracting investor attention. Fund enthusiasm is focused on the technology mainline and emerging growth stocks, with the macroeconomic backdrop characterized by moderate economic recovery and policy expectations. Concept stocks like CloudWalk and Naxinwei surged significantly during the session, driven by the explosive potential of frontier businesses, leading to active market sentiment **Market Overview** ▪ The Hong Kong stock market performed strongly during the trading session, with the Hang Seng Index up 1.04%, reporting 27,408.53 points, reaching a new high for the phase and continuing to lead the three major indices. ▪ The Hang Seng Tech Index rose slightly by 0.53% during the session, currently at 5,784.96 points, approaching the previous phase high (January 23, 2026). ▪ The China Enterprises Index also showed strong performance during the session, currently up 0.93%, reporting 9,331.28 points. Although it has not broken through the high since November 13, 2025, it continues to maintain a strong pattern. **Sector Performance** ▪ The semiconductor sector performed outstandingly during the session, with market sentiment clearly favoring growth tracks. SMIC rose 2.42%, Hua Hong Semiconductor increased by 4.82%, and JunDa shares were up 1.13%. The sector's performance was driven by the rebound in chip demand and expectations of industry recovery, with significant capital inflow leading the market. ▪ The internet content and information sector experienced fluctuations during the session but remained active overall. Tencent Holdings rose 1.15%, Kuaishou increased by 1.84%, while Baidu's performance was relatively stable. The sector was boosted by sentiment towards Chinese concept stocks, with capital maintaining focus on leading tech companies, although short-term bullish and bearish divergences increased. ▪ The retail sector showed a mixed performance, with Alibaba -W down 0.53%, JD.com slightly up by 0.62%, and Miniso experiencing a slight decline. Trading activity decreased slightly, lacking sustained driving factors, and market capital remained relatively cautious. **Macroeconomic Background** ▪ Recently, the Hong Kong stock market has focused on economic data performance, particularly the momentum of foreign trade, employment, and consumption recovery. Macroeconomic data indicates that the economic recovery is still moderate, with capital flows and policy expectations dominating the market. Investors are closely watching policy dynamics and changes in the external environment's impact on valuations, with overall market sentiment being positive but still showing divergences. **Popular Stocks** ▪ CloudWalk Technology (9678.HK) rose 23.20% during the session, with a trading volume of HKD 272 million. The company expects revenue from large model-related businesses to reach RMB 600 million to 620 million in 2025, a year-on-year surge of 1057% to 1095%. The core technology of large models and the implementation of AI in healthcare have driven the company's business explosion, with valuation enhancement expectations leading to significant capital inflow, making it the biggest market hotspot during the session. ▪ Naxin Microelectronics (2676.HK) rose 14.31% during the session, with a trading volume of HKD 126 million. Although there are no major announcements, significant capital inflow and active performance during the session reflect the market's strong preference for semiconductor growth stocks. ▪ Zhaoyi Innovation (3986.HK) rose 8.41% during the session, with a trading volume of HKD 380 million. The company previously announced a 46% increase in net profit for 2025, benefiting from the recovery of the semiconductor cycle and warming market demand, with performance expectations exceeding forecasts leading to continuous capital inflow. ▪ Emperor Watch and Jewelry (887.HK) rose 34.62% during the session, with a trading volume of HKD 21.2393 million. The company expects net profit for the fiscal year 2025 to grow by over 60% year-on-year, driven by high-end watch and jewelry sales, significantly boosting market confidence ▪ China General Nuclear Power Corporation (1164.HK) rose 8.33% during the session, with a transaction volume of HKD 223 million. Influenced by the industry's expectations for global nuclear energy development and rising uranium prices, there is a clear rotation in the sector, with funds chasing short-term opportunities for resource valuation recovery. **Market Transaction Volume TOP10** ▪ Tencent Holdings (00700.HK) latest transaction price HKD 614.00, up 1.15%, transaction volume HKD 4.395 billion ▪ Alibaba -W (09988.HK) latest transaction price HKD 169.10, down 0.47%, transaction volume HKD 3.938 billion ▪ SMIC (00981.HK) latest transaction price HKD 78.45, up 2.42%, transaction volume HKD 2.834 billion ▪ Zijin Mining (02899.HK) latest transaction price HKD 43.70, up 0.69%, transaction volume HKD 2.077 billion ▪ CNOOC (00883.HK) latest transaction price HKD 24.42, up 3.83%, transaction volume HKD 2.017 billion ▪ Yangtze Optical Fibre and Cable (06869.HK) latest transaction price HKD 70.35, up 7.98%, transaction volume HKD 1.972 billion ▪ Hua Hong Semiconductor (01347.HK) latest transaction price HKD 119.70, up 4.82%, transaction volume HKD 1.582 billion ▪ China Life Insurance (02628.HK) latest transaction price HKD 34.54, up 1.29%, transaction volume HKD 1.349 billion ▪ Xiaomi Group -W (01810.HK) latest transaction price HKD 35.74, up 0.51%, transaction volume HKD 1.296 billion ▪ Kingsoft Cloud (03896.HK) latest transaction price HKD 7.78, up 3.05%, transaction volume HKD 1.188 billion ### Related Stocks - [00981.HK - SMIC](https://longbridge.com/en/quote/00981.HK.md) - [01347.HK - HUA HONG SEMI](https://longbridge.com/en/quote/01347.HK.md) - [02865.HK - DRINDA](https://longbridge.com/en/quote/02865.HK.md) - [00700.HK - TENCENT](https://longbridge.com/en/quote/00700.HK.md) - [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md) - [01024.HK - KUAISHOU-W](https://longbridge.com/en/quote/01024.HK.md) - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [09618.HK - JD-SW](https://longbridge.com/en/quote/09618.HK.md) - [09896.HK - MNSO](https://longbridge.com/en/quote/09896.HK.md) - [09678.HK - UNISOUND](https://longbridge.com/en/quote/09678.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 阿里巴巴股票在第三季度财报发布前的预测——以下是可以预期的内容 | 电子商务巨头阿里巴巴（BABA）即将公布 2026 财年第三季度的业绩，分析师预计每股收益为 1.68 美元，收入为 420 亿美元，同比增长 8%。该股票在 2025 年上涨超过 24%，主要受益于人工智能服务和云计算的增长，但面临来自竞 | [Link](https://longbridge.com/en/news/276325421.md) | | 中广核矿业表示首席财务官辞职 | 中广核矿业有限公司：徐俊梅辞去执行董事和首席财务官职务 | [Link](https://longbridge.com/en/news/275922951.md) | | PNC 金融服务集团公司收购了阿里巴巴集团控股有限公司 3,223 股股票 $BABA | PNC 金融服务集团在第三季度将其在阿里巴巴集团的持股比例增加了 7.1%，额外购买了 3,223 股，总持股量达到 48,759 股，价值 870 万美元。其他投资者也调整了在阿里巴巴的持仓。该股票开盘价为 155.91 美元，过去一年的 | [Link](https://longbridge.com/en/news/276318339.md) | | 根据香港交易所的数据显示，摩根士丹利在紫金矿业集团 H 股的多头头寸于 2 月 11 日从 4.52% 增加至 5.47% | 香港交易所：摩根士丹利在紫金矿业集团的 H 股多头头寸于 2 月 11 日从 4.52% 增加至 5.47% | [Link](https://longbridge.com/en/news/276436565.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.