---
title: "\"Hong Kong Stocks\" Hang Seng Index rises 488 points in half a day, KNOWLEDGE ATLAS surges 32%, pharmaceutical stocks dance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281302410.md"
description: "The Hang Seng Index rose 488 points to 25,276 points in the half-day session, the National Index rose 129 points, and the Hang Seng Tech Index rose 73 points. Technology stocks generally rose, with Tencent, Alibaba, Baidu, and NetEase all increasing. AI stock KNOWLEDGE ATLAS surged 32%, and MiniMax rose 17.3%. The overall market turnover reached HKD 144.548 billion. The intention of the United States and Iran to end hostilities has driven the Dow Jones and Nasdaq to rise significantly"
datetime: "2026-04-01T04:29:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281302410.md)
  - [en](https://longbridge.com/en/news/281302410.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281302410.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281302410.md) | [繁體中文](https://longbridge.com/zh-HK/news/281302410.md)


# "Hong Kong Stocks" Hang Seng Index rises 488 points in half a day, KNOWLEDGE ATLAS surges 32%, pharmaceutical stocks dance

The United States and Iran are reportedly interested in ending hostilities, with the Dow Jones rising 2.5% and the Nasdaq rising 3.8% the previous night. The Hong Kong stock market rose in the morning, with the Hang Seng Index opening up 569 points, reaching a peak of 606 points at 25,394 points, and closing up 488 points or 2% at 25,276 points; the National Index rose 129 points or 1.5% to 8,503 points; the Hang Seng Tech Index rose 73 points or 1.6% to 4,723 points. The total turnover of the market for the half-day was HKD 144.548 billion.

In the tech sector, Tencent (00700.HK), Alibaba (09988.HK), Baidu (09888.HK), and NetEase (09999.HK) rose between 2.6% and 3.3%, Kuaishou (01024.HK) rose 2.2%, Meituan (03690.HK) fell 2.4%, and JD.com (09618.HK) fell 0.1%. Bilibili (09626.HK) and Dongfang Zhenxuan (01797.HK) rose 5.2% and 7.1%, respectively, while Ping An Good Doctor (01833.HK) and Xindong (02400.HK) rose 4.7% and 4.1%.

AI stock Zhipu (02513.HK) reported an adjusted net loss of RMB 3.182 billion for the year, with CICC projecting that by March 2026, the annual recurring revenue from APIs will reach RMB 1.7 billion, a 60-fold year-on-year increase, leading to a 31.9% rise in stock price for the half-day. MiniMax (00100.HK) rose 17.3%. Jingtai (02228.HK) and Yingsi Intelligent (03696.HK) rose 9.8% and 6%, respectively. Cloud service providers Kingsoft Cloud (03896.HK) and GDS Holdings (09698.HK) rose over 4%. In the chip sector, SMIC (00981.HK) and Hua Hong (01347.HK) rose 3.6% and 5.1%, while Biren (06082.HK) and Tianneng Zhixin (09903.HK) rose 7.6% and 4.7%. Mobile component stocks AAC Technologies (02018.HK) and Sunny Optical (02382.HK) rose 4% and 6.1%. Fiber optic stock Yangtze Optical Fibre and Cable (06869.HK) rose 1.5%. Robotics stock UBTECH (09880.HK) narrowed its annual loss to RMB 703 million, with its stock price rising 14.2%. Peer company Yujian (02432.HK) rose 5.9%, and related concept stock Minshi (00425.HK) rose 8.2%.

Pharmaceutical stocks surged, with 3SBio (01530.HK), Junshi Biosciences (01877.HK), Innovent Biologics (09969.HK), and Rongchang Biologics (09995.HK) rising between 10% and 14%, while China National Pharmaceutical Group (01177.HK), Kelun-Biotech (06990.HK), Ying'en (09606.HK), and Kanglong Chemical (03759.HK) rose between 8.1% and 9%. Kingsoft (01548.HK), Xiansheng Pharmaceutical (02096.HK), BeiGene (06160.HK), and Kangfang Biologics (09926.HK) rose between 7% and 7.6%.

In the automotive sector, BYD (01211.HK) fell 2.7%, Xiaomi (01810.HK) rose 0.3%, and Nio (09866.HK) rose 9.3%. Leapmotor (09863.HK) saw its CEO increase shareholding involving RMB 230 million, with the stock price rising 6% Li Auto (02015.HK), Geely (00175.HK), and XPeng (09868.HK) rose by 2.9% to 3.5%. Autonomous driving stocks WeRide (00800.HK) and Pony.ai (02026.HK) increased by 5.5% and 6.8%, while Hesai (02525.HK) rebounded by 10.7%.

Metal and resource stocks rose, with China Silver (00815.HK), China Gold International (02099.HK), Zijin Mining International (02259.HK), Zijin (02899.HK), and Luoyang Molybdenum (03993.HK) increasing by 4.5% to 5.4%. Minmetals Resources (01208.HK) and Lingbao (03330.HK) rose by 6.6% and 10.4%. Gold jewelry stocks Lao Pu Gold (06181.HK) and Chow Tai Fook (01929.HK) increased by 2.6% and 3.9%. In the energy transportation sector, COSCO Shipping Energy (01138.HK) rose by 8.8%. Tourism-related stocks performed well, with China Southern Airlines (01055.HK) rising by 5.4%, China Eastern Airlines (00670.HK) and Air China (00753.HK) increasing by 6.9% and 6.1%, and Cathay Pacific (00293.HK) rising by 4.3%. Gaming stocks Melco International (00200.HK) rose by 9.7%. Real estate stocks Sun Hung Kai Properties (00016.HK) increased by 4.4%.

In the financial sector, HSBC (00005.HK), Hong Kong Exchanges and Clearing (00388.HK), AIA (01299.HK), and Standard Chartered (02888.HK) rose by 2.5% to 3.4%. Other stocks included Miniso (09896.HK) and Pop Mart (09992.HK), which rose by 4.9% and 3.5%, while Longfor (00960.HK) and China Taiping (00966.HK) each increased by over 4%

### Related Stocks

- [KNOWLEDGE ATLAS (02513.HK)](https://longbridge.com/en/quote/02513.HK.md)
- [CSOP HS TECH (03033.HK)](https://longbridge.com/en/quote/03033.HK.md)

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