--- title: "Hong Kong stocks intraday | The three major indices fluctuate and diverge, AI concepts and power semiconductors strengthen, JD and Meituan rise after earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/286208388.md" description: "On the afternoon of May 13th, the Hong Kong stock market fluctuated within a narrow range, with the Hang Seng Technology Index slightly rising. AI concept stocks and power semiconductors performed well, with KNOWLEDGE ATLAS rising nearly 14% and INNOSCIENCE rising over 17%. The internet platform sector was supported by positive performance, with both JD and Meituan rising. On the other hand, the automotive and lithium battery industry chain corrected, with Geely Automobile falling nearly 6%. The market is focused on the improvement of AI computing power and industry competition landscape" datetime: "2026-05-13T06:33:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286208388.md) - [en](https://longbridge.com/en/news/286208388.md) - [zh-HK](https://longbridge.com/zh-HK/news/286208388.md) --- # Hong Kong stocks intraday | The three major indices fluctuate and diverge, AI concepts and power semiconductors strengthen, JD and Meituan rise after earnings **Market Overview** ▪ In the afternoon of May 13, the main indices of the Hong Kong stock market showed a narrow fluctuation and differentiation pattern; ▪ The Hang Seng Index closed at 26,349.690 points, up 0.01%; ▪ The Hang Seng Tech Index closed at 5,082.890 points, up 0.24%; ▪ The State-Owned Enterprises Index closed at 8,864.870 points, down 0.20%; **Sector Performance and Hot Stocks** **AI Concept Stocks Remain Active, Technical Upgrades Boost Sentiment** ▪ KNOWLEDGE ATLAS (02513.HK) surged 13.93%, closing at HKD 957; ▪ MiniMax-W (00100.HK) rose 9.78%, closing at HKD 758; ▪ Dazhong CNC (03200.HK) skyrocketed 18.88%, closing at HKD 168; ▪ Lanqi Technology (06809.HK) increased 8.57%, closing at HKD 448.4. **Power Semiconductor Prices Surge, AI Data Centers Drive Demand** ▪ INNOSCIENCE (02577.HK) jumped 17.48%, closing at HKD 82.35, with a trading volume of approximately HKD 2.54 billion; ▪ Times Electric (03898.HK) rose 15.33%, closing at HKD 43.78; ▪ Tianyue Advanced (02631.HK) increased 9.67%, closing at HKD 106.6; ▪ Hongteng Precision (06088.HK) rose 9.11%, closing at HKD 10.18, benefiting from the upward revision of CPO switch cabinet shipment targets. **Internet Giants Rise After Earnings, Competitive Landscape Improves** ▪ JD Group-SW (09618.HK) rose 6.59%, closing at HKD 126.2; ▪ Meituan-W (03690.HK) increased 4.34%, closing at HKD 87.8; ▪ JD's first-quarter takeaway business saw a significant reduction in losses compared to the previous quarter, demonstrating resilience in retail profit margins; ▪ UBS pointed out that Meituan maintains a competitive advantage in local life services, with industry competition easing. **Automobile and Lithium Battery Sectors Experience Collective Pullback** ▪ Geely Automobile (00175.HK) fell 5.94%, closing at HKD 21.22; ▪ Ganfeng Lithium (01772.HK) dropped 4.62%, closing at HKD 79.45; ▪ BYD Company (01211.HK) decreased 2.4%, closing at HKD 97.45; ▪ Pop Mart (09992.HK) fell 2.52%, with market concerns about its slowing overseas growth. **Macroeconomic Background** ▪ AI Applications and Hardware Resonance: MiniMax upgrades Agent product Mavis to support multi-role collaboration; NVIDIA establishes 800V high-voltage direct current architecture as a power supply solution, with demand and prices for power semiconductors continuing to rise. ▪ Market Sentiment Warms: NVIDIA's after-hours gains expanded, and market forecasts predict its first-quarter revenue will significantly exceed expectations, boosting sentiment in the Hong Kong stock AI industry chain. ▪ Clear Policy Direction: The anti-involution policy direction in the local life services sector is clear, helping to establish the profit path for industry leaders. **Market Trading Volume TOP10** ▪ Yingfu Fund (02800.HK) latest transaction price HKD 26.46, down 0.08%, transaction amount HKD 9.7 billion ▪ Tencent Holdings (00700.HK) latest transaction price HKD 461.20, up 0.87%, transaction amount HKD 8 billion ▪ Alibaba-W (09988.HK) latest transaction price HKD 130.90, down 1.80%, transaction amount HKD 8 billion ▪ Southern Double Long SK Hynix (07709.HK) latest transaction price HKD 106.25, up 15.51%, transaction amount HKD 6.4 billion ▪ Southern Hang Seng Technology (03033.HK) latest transaction price HKD 4.954, down 0.28%, transaction amount HKD 5.6 billion ▪ SMIC (00981.HK) latest transaction price HKD 74.20, down 3.13%, transaction amount HKD 5 billion ▪ Hang Seng China Enterprises (02828.HK) latest transaction price HKD 90.68, down 0.55%, transaction amount HKD 4.9 billion ▪ Pop Mart (09992.HK) latest transaction price HKD 158.80, down 2.52%, transaction amount HKD 4.4 billion ▪ Meituan-W (03690.HK) latest transaction price HKD 87.80, up 4.34%, transaction amount HKD 3.6 billion ▪ Hua Hong Semiconductor (01347.HK) latest transaction price HKD 128.60, down 0.69%, transaction amount HKD 3.1 billion ### Related Stocks - 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