Hong Kong Stock Midday Review | The Hang Seng Index fluctuates lower with technology stocks broadly declining, while semiconductor stocks rise against the trend

Market Pulse
2026.04.30 04:13
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Hong Kong stocks faced pressure during the midday session, with all three major indices collectively declining. Technology and large-cap blue chips generally adjusted, but the semiconductor chip sector stood out, attracting structural capital attention. Leading companies such as Tianzu Zhixin, Huahong Semiconductor, and SMIC performed impressively, with the market continuing to buy into the high prosperity of the industry chain. The focus of funds shifted from large-cap internet sectors to high-growth and computing-related companies, resulting in active trading. At the same time, the Hong Kong stock market has recently been highly attentive to external import and export data and macro expectations, with capital flows and sector rotations accelerating, reflecting investors' high sensitivity to performance growth and high prosperity themes