--- title: "Hong Kong Stock Midday Review | Hang Seng Index fell 1.18% in the morning session, KINGBOARD HLDG rose against the trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/288998815.md" description: "The Hong Kong Hang Seng Index fell 1.18% to 24,668 points in the morning session, while the Hang Seng TECH Index dropped 2.4%, with a turnover of HKD 196.2 billion. The price increase of copper-clad laminates drove the KINGBOARD HLDG system to rise against the trend, with KB LAMINATES up over 10% and KINGBOARD HLDG up over 12%. Engineering machinery stocks saw significant gains due to better-than-expected sales. Gold stocks fell across the board due to strong non-farm data and rising interest rate expectations, while airline stocks declined under the impact of profit forecast downgrades" datetime: "2026-06-08T04:05:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288998815.md) - [en](https://longbridge.com/en/news/288998815.md) - [zh-HK](https://longbridge.com/zh-HK/news/288998815.md) --- # Hong Kong Stock Midday Review | Hang Seng Index fell 1.18% in the morning session, KINGBOARD HLDG rose against the trend According to Zhitong Finance APP, the Hong Kong Hang Seng Index fell by 1.18%, down 293 points, closing at 24,668 points; the Hang Seng TECH Index dropped by 2.4%. The turnover of Hong Kong stocks in the morning session was HKD 196.2 billion. The price of copper-clad laminates (CCL) rose, and the Kingboard group showed strong performance. Kingboard Laminates (01888) rose by 10.78%, and Kingboard Holdings (00148) increased by over 12%. Engineering machinery stocks led the gains. Excavator sales in May exceeded expectations, and exports continued to grow rapidly. SANY Heavy Industry (06031) rose by 5%; Zoomlion Heavy Industry (01157) increased by 3.77%. Shougang Longze (02553) rose by over 6% against the market trend, as the company is a leader in CCUS and is expected to benefit from the rapid expansion of the SAF market. Quantitative Investment (02685) rose by over 22%, with its subsidiary Silicon-based Intelligence laying out a full-scenario embodied intelligent robot, having previously received a voluntary extension of the lock-up period from its controlling shareholder. Junzhi Group (01300) rose by over 11% again, with its stock price having increased more than tenfold this year, and its total market value approaching HKD 9 billion. It is involved in large-scale layouts in the AIDC intelligent computing center field. Aston (02715) rose by over 12% during the session, maintaining the top position in industrial robot shipments in the Chinese market. Wuyi Vision (06651) rose by 11%, as NVIDIA released Cosmos 3, and the company's subsidiary 51Sim is expected to continue benefiting from industry development. Shandong Molong (00568) rose by over 15%, as Iran launched another attack on Israel after two months, causing international oil prices to surge this morning. Hong Kong pharmaceutical retail company Longfeng Group (02290) fell by over 10% again, with its stock price halved in just two trading days since listing. MGM China (02282) fell by 4.9%, as Ho Chaoqiong liquidated her holdings in MGM International, cashing out a total of USD 140 million. Aviation stocks fell again. IATA lowered its global airline industry net profit forecast for this year, expecting fuel expenses to increase by nearly 40%. China Eastern Airlines (00670) fell by 4.6%; Air China (00753) dropped by 3.3%. Gold stocks fell across the board, as strong non-farm payrolls ignited interest rate hike expectations, with spot gold briefly falling below USD 4,300. 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