--- title: "Hong Kong stock market intraday | Hang Seng TECH Index up 0.74%, hardware sector strengthens, Xiaomi surges 4.38%, Tencent down 1.09%" type: "News" locale: "en" url: "https://longbridge.com/en/news/275561315.md" description: "On February 11th, the three major indices of the Hong Kong stock market rose slightly during the session, with the Hang Seng Technology Index leading the gains at 0.74%, showing a narrow range of fluctuations overall. In terms of sectors, the hardware and storage sectors performed strongly, with Xiaomi Group surging 4.38% driven by expectations of AI and new products; the internet sector showed divergence, with Bilibili rising 5.41% and Tencent Holdings falling 1.09%. In terms of individual stocks, Synagistics and Ridge Outdoor soared over 35% due to positive news. The current market is in a macro data vacuum period, with investor sentiment primarily cautious" datetime: "2026-02-11T06:39:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275561315.md) - [en](https://longbridge.com/en/news/275561315.md) - [zh-HK](https://longbridge.com/zh-HK/news/275561315.md) --- # Hong Kong stock market intraday | Hang Seng TECH Index up 0.74%, hardware sector strengthens, Xiaomi surges 4.38%, Tencent down 1.09% **Market Overview** ▪ On February 11, the three major indices of the Hong Kong stock market rose slightly during the session, with market sentiment showing a mild recovery, overall presenting a narrow fluctuation trend. As of the time of writing, none of the major indices have broken through recent highs, and there remains a cautious sentiment among investors: ▪ The Hang Seng Index is currently at 27,250.21 points, up 0.25%, still operating below the peak reached on January 30, with limited upward momentum during the session. ▪ The Hang Seng Tech Index leads the three major indices, currently at 5,491.39 points, up 0.74%, in the process of recovering from the adjustment since February 2. ▪ The China Enterprises Index is at 9,264.68 points, slightly up 0.24%, moving in line with the broader market, constrained in the short term by resistance from the previous high at the end of January. **Sector Performance** ▪ The internet content and information sector showed mixed performance. Leading stock Tencent Holdings fell 1.09%, with a turnover of HKD 10.038 billion. Despite launching an AI red envelope campaign in collaboration with Alibaba and ByteDance to enhance interaction, the stock price remained weak; Bilibili performed strongly, rising 5.41% with a turnover of HKD 890 million; Kuaishou rose 0.64%. ▪ The hardware, storage, and peripherals sector overall moved upward, attracting significant attention from investors. Xiaomi Group surged 4.38%, with a turnover of HKD 6.629 billion, leading the sector as the market is optimistic about its continued investment in AI and smart hardware, as well as expectations for new products; Lenovo Group rose slightly by 0.43%. ▪ The retail sector experienced fluctuations. Alibaba fell 0.44%, with a turnover of HKD 6.305 billion. Although Alibaba Cloud's market share rose to 36% and has been growing continuously, the positive impact driven by demand for AI infrastructure has not yet been fully reflected in the stock price; Miniso rose 1.05%, and JD.com slightly increased by 0.09%. **Macroeconomic Background** ▪ As of February 11, 2026, the Hong Kong stock market is currently in a macro data vacuum period, with investor sentiment primarily cautious. ▪ Market focus is on the upcoming retail sales and trade balance data to assess the strength of local consumption and external demand recovery. ▪ At the same time, inflation (CPI) and unemployment rate indicators remain key to verifying economic resilience, with the liquidity situation closely monitoring the impact of the Federal Reserve's movements on the linked exchange rate system. **Popular Stocks** ▪ Synagistics (2562.HK) rose 35.02%, with a turnover of HKD 836 million. The company announced the redemption of USD 35 million in convertible bonds, eliminating the risk of equity dilution from conversion and optimizing its debt structure, leading to a positive market reaction and significant capital inflow. ▪ Ridge Outdoor (2720.HK) rose 39.23%, with a turnover of HKD 67.8126 million. As the "first stock in fishing equipment," it performed strongly upon listing, benefiting from the rise of the "fishing economy" and its scarce asset attributes, attracting enthusiastic capital. ▪ Kingboard Laminates (1888.HK) rose 12.11%, with a turnover of HKD 986 million. Citigroup released a research report raising the target price to HKD 20.5, indicating that the copper price increase cycle is beneficial for the company to pass on costs and expand gross margins, and the increased proportion of high-end products boosts confidence ▪ Jiaxin International Resources (3858.HK) rose 12.79%, with a transaction amount of HKD 217 million. The company issued a profit warning, forecasting a net profit of HKD 300 million to HKD 340 million in 2025, mainly due to significant growth in sales revenue after the commercial production of projects, attracting funds to boost the stock price. **Market Transaction Amount TOP10** ▪ Tencent Holdings (00700.HK) latest transaction price HKD 545.5, down 1.00%, transaction amount HKD 9.959 billion ▪ Xiaomi Group -W (01810.HK) latest transaction price HKD 37.16, up 4.44%, transaction amount HKD 6.621 billion ▪ Alibaba -W (09988.HK) latest transaction price HKD 159.6, down 0.56%, transaction amount HKD 6.27 billion ▪ SMIC (00981.HK) latest transaction price HKD 69.15, down 3.35%, transaction amount HKD 5.095 billion ▪ Pop Mart (09992.HK) latest transaction price HKD 255.8, down 5.19%, transaction amount HKD 3.381 billion ▪ Yangtze Optical Fibre and Cable (06869.HK) latest transaction price HKD 106.4, down 6.67%, transaction amount HKD 2.643 billion ▪ Zijin Mining (02899.HK) latest transaction price HKD 43.66, up 3.17%, transaction amount HKD 2.555 billion ▪ Meituan -W (03690.HK) latest transaction price HKD 88.9, up 0.11%, transaction amount HKD 2.505 billion ▪ BYD Company (01211.HK) latest transaction price HKD 99.15, up 3.50%, transaction amount HKD 1.814 billion ▪ Techtronic Industries (00669.HK) latest transaction price HKD 120.1, up 5.07%, transaction amount HKD 1.687 billion ### Related Stocks - [02562.HK](https://longbridge.com/en/quote/02562.HK.md) - [02720.HK](https://longbridge.com/en/quote/02720.HK.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [09626.HK](https://longbridge.com/en/quote/09626.HK.md) - [01024.HK](https://longbridge.com/en/quote/01024.HK.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [09896.HK](https://longbridge.com/en/quote/09896.HK.md) - [09618.HK](https://longbridge.com/en/quote/09618.HK.md) - [01888.HK](https://longbridge.com/en/quote/01888.HK.md) - [03858.HK](https://longbridge.com/en/quote/03858.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [03088.HK](https://longbridge.com/en/quote/03088.HK.md) - [513130.CN](https://longbridge.com/en/quote/513130.CN.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [03067.HK](https://longbridge.com/en/quote/03067.HK.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [03033.HK](https://longbridge.com/en/quote/03033.HK.md) - [07226.HK](https://longbridge.com/en/quote/07226.HK.md) - [09088.HK](https://longbridge.com/en/quote/09088.HK.md) - [520920.CN](https://longbridge.com/en/quote/520920.CN.md) - [07552.HK](https://longbridge.com/en/quote/07552.HK.md) ## Related News & Research - [J.P. 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