--- title: "Hong Kong Stock Market Midday Review | Hang Seng Index rose 1.7% in the morning session, Xiaomi Group surged over 8%" type: "News" locale: "en" url: "https://longbridge.com/en/news/285025435.md" description: "The Hong Kong Hang Seng Index rose 1.7% in the morning session, reporting 26,215 points, with a turnover of HKD 107.6 billion. Xiaomi Group rose over 8%, with April delivery exceeding 30,000 units and over 70,000 pre-orders for the new generation SU7. Chip stocks performed strongly, with ILUVATAR COREX rising over 15%. Domestic property stocks collectively rose, with CHINA VANKE increasing over 7%. Zhongjiao Holdings fell over 9% after earnings" datetime: "2026-05-04T04:03:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285025435.md) - [en](https://longbridge.com/en/news/285025435.md) - [zh-HK](https://longbridge.com/zh-HK/news/285025435.md) --- # Hong Kong Stock Market Midday Review | Hang Seng Index rose 1.7% in the morning session, Xiaomi Group surged over 8% According to Zhitong Finance APP, the Hong Kong Hang Seng Index rose by 1.7%, up 438 points, closing at 26,215 points; the Hang Seng Tech Index increased by 2.86%. The turnover of Hong Kong stocks in the morning session reached HKD 107.6 billion. Chip stocks led the gains. ILUVATAR COREX (09903) rose over 15%, as domestic computing chip companies entered a critical period for performance realization. Montage Technology (06809) rose by 3%; Bairun Technology (06082) increased by 4%. A research report released by Shanxi Securities shows that the optical communication industry is experiencing strong catalysts due to the reflective effect of high prosperity in overseas industrial chains. Xizhi Technology-P (01879) rose over 20%; Cambridge Technology (06166) increased by over 14%. Weichai Power (02338) rose over 12%, reaching a new high, with first-quarter data center product sales increasing by over 240% year-on-year. XIAOMI-W (01810) rose over 8%, leading blue chips, with Xiaomi Auto's April delivery exceeding 30,000 units, and orders for the new generation SU7 surpassing 70,000. Qunkong Technology (00068) rose over 15%, having signed a strategic cooperation framework agreement with Jinyong Investment. Deshi-B (02526) rose over 13%, setting a new high since its listing, showcasing its self-developed iMedImage® medical imaging base model at the Canton Fair. Wuyi Vision (06651) rose over 7%, as the company granted 940,000 RSUs for the first time to align the interests of its core team. Dongyang Sunshine Pharmaceutical (06887) rose over 13%, as its self-developed insulin glargine injection received approval for listing from the U.S. FDA. Domestic property stocks rose collectively. CHINA VANKE (02202) rose over 7%, as new real estate policies were announced in cities like Shenzhen and Guangzhou. China Heart-to-Heart Fertilizer (01866) rose over 13%, with new production capacity expected to drive explosive growth in performance. Guofu Quantum (00290) rose over 10%, as the company plans to acquire a stake in Luffa AI. Zhongjiao Holdings (00839) fell over 9% after earnings, with mid-term net profit declining nearly 22% year-on-year to CNY 757 million ### Related Stocks - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [02202.HK](https://longbridge.com/en/quote/02202.HK.md) - [000002.CN](https://longbridge.com/en/quote/000002.CN.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [09903.HK](https://longbridge.com/en/quote/09903.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [688008.CN](https://longbridge.com/en/quote/688008.CN.md) - [06082.HK](https://longbridge.com/en/quote/06082.HK.md) - [01879.HK](https://longbridge.com/en/quote/01879.HK.md) - [06166.HK](https://longbridge.com/en/quote/06166.HK.md) - [02338.HK](https://longbridge.com/en/quote/02338.HK.md) - [000338.CN](https://longbridge.com/en/quote/000338.CN.md) - [00068.HK](https://longbridge.com/en/quote/00068.HK.md) - [01328.HK](https://longbridge.com/en/quote/01328.HK.md) - [02526.HK](https://longbridge.com/en/quote/02526.HK.md) - [06651.HK](https://longbridge.com/en/quote/06651.HK.md) - [06887.HK](https://longbridge.com/en/quote/06887.HK.md) - [01866.HK](https://longbridge.com/en/quote/01866.HK.md) - [00290.HK](https://longbridge.com/en/quote/00290.HK.md) - [00839.HK](https://longbridge.com/en/quote/00839.HK.md) - [06809.HK](https://longbridge.com/en/quote/06809.HK.md) - [603083.CN](https://longbridge.com/en/quote/603083.CN.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [81810.HK](https://longbridge.com/en/quote/81810.HK.md) - [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md) ## Related News & Research - [Xiaomi Sets 2026 AGM to Approve 2025 Results and Share Capital Mandates](https://longbridge.com/en/news/284358749.md) - [Hong Kong records 13% rise in mainland Chinese visitors on day 1 of ‘golden week’](https://longbridge.com/en/news/284962730.md) - [This unloved chip stock is finally joining the rally. 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