--- title: "Hong Kong Stock Market Midday Review | Hang Seng Index rose 0.04% in the morning session, chip stocks surged across the board" type: "News" locale: "en" url: "https://longbridge.com/en/news/290641060.md" description: "The Hong Kong Hang Seng Index rose slightly by 0.04% to 23,344 points in the morning session, with a turnover of HKD 175.6 billion. Chip stocks surged across the board driven by expectations of price increases from TSMC, with Hua Hong Grace rising 16% and SMIC up 8.4%. CRO and PCB concept stocks performed strongly, with Asymchem and GENSCRIPT BIO seeing significant gains. Photovoltaic stocks continued to decline, with FLAT GLASS falling. Additionally, MICOT PHARMA-B and SEER TECH saw significant increases of 89% and over 13%, respectively, on their first day of listing" datetime: "2026-06-24T04:05:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290641060.md) - [en](https://longbridge.com/en/news/290641060.md) - [zh-HK](https://longbridge.com/zh-HK/news/290641060.md) --- # Hong Kong Stock Market Midday Review | Hang Seng Index rose 0.04% in the morning session, chip stocks surged across the board According to Zhitong Finance APP, the Hong Kong Hang Seng Index rose 0.04%, up 8 points, closing at 23,344 points; the Hang Seng Tech Index rose 1.34%. The turnover of Hong Kong stocks in the morning session was HKD 175.6 billion. Chip stocks rose across the board. It was reported that TSMC's advanced process foundry will raise prices across the board, and global wafer foundry revenue is expected to increase by more than 20% this year. Hua Hong Grace (01347) rose 16%; SMIC (00981) rose 8.4%. Zhiyu (02513) rose over 5%, with GLM-5.2 ranking among the top globally, and Credit Lyonnais indicated significant victories in its reinforcement learning field. CRO concept stocks performed strongly. The BIO conference highlighted China's CXO global competitiveness, with new breakthroughs in the pharmaceutical sector. Asymchem (06821) rose 16%; GENSCRIPT BIO (01548) rose 10%. PCB concept stocks generally rebounded. Kingboard Laminates (01888) rose over 8%. Guofu Quantum (00290) rebounded over 7%, with an expected annual profit attributable to shareholders of approximately HKD 540 million, continuing to land in high-growth tracks. China National Building Material (03323) rose over 3%, with smooth transmission of price increases for fiberglass and electronic cloth, and institutions indicated that China National Building Material has a leading advantage. COSCO Shipping Energy (01138) rose over 5%, with a 60-day waiver allowing Iranian oil to return to the market, leading to a significant increase in oil shipping multi-line freight rates. MICOT PHARMA-B (02335) debuted on the market, rising 89% in the morning session, with its core product MT1013 currently in Phase III clinical trials. SEER TECH (06106) debuted on the market, rising over 13% in the morning session, with its "robot brain" controller being the top seller globally. Photovoltaic stocks continued to decline. The market is concerned about the situation regarding the rumors of capacity clearance, with institutions indicating that new photovoltaic installations may further slow down this year. FLAT GLASS (06865) fell 4.8%; LONGi Green Energy (01108) fell 5%. Tao Bo (06110) fell another 7.5%, with reports that Nike will cancel online distributor authorization starting in 2027, retaining only official flagship stores ### Related Stocks - [002821.CN](https://longbridge.com/en/quote/002821.CN.md) - [601865.CN](https://longbridge.com/en/quote/601865.CN.md) - [06865.HK](https://longbridge.com/en/quote/06865.HK.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [06821.HK](https://longbridge.com/en/quote/06821.HK.md) - [01548.HK](https://longbridge.com/en/quote/01548.HK.md) - [06106.HK](https://longbridge.com/en/quote/06106.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [02335.HK](https://longbridge.com/en/quote/02335.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [TSM.US](https://longbridge.com/en/quote/TSM.US.md) - [02513.HK](https://longbridge.com/en/quote/02513.HK.md) - [01888.HK](https://longbridge.com/en/quote/01888.HK.md) - [00290.HK](https://longbridge.com/en/quote/00290.HK.md) - [03323.HK](https://longbridge.com/en/quote/03323.HK.md) - [01138.HK](https://longbridge.com/en/quote/01138.HK.md) - [01108.HK](https://longbridge.com/en/quote/01108.HK.md) - [06110.HK](https://longbridge.com/en/quote/06110.HK.md) - [NKE.US](https://longbridge.com/en/quote/NKE.US.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) - [CBUMY.US](https://longbridge.com/en/quote/CBUMY.US.md) - [600026.CN](https://longbridge.com/en/quote/600026.CN.md) - [600876.CN](https://longbridge.com/en/quote/600876.CN.md) ## Related News & Research - [Asymchem Aligns H Share Register Closure for Dividend and Shareholder Meetings](https://longbridge.com/en/news/290807877.md) - [BEA lifts S&P 500 year-end target to 7,870 on sustained AI-led rally](https://longbridge.com/en/news/290763359.md) - [Flat Glass Group files HKEX next-day return disclosing share repurchase at HKD 5.96 each](https://longbridge.com/en/news/290810781.md) - [CMB International leads XianGong Intelligent HK$ 1.07 billion Hong Kong IPO](https://longbridge.com/en/news/290654311.md) - [Seer Robotics rides 24-hour market swing in Hong Kong debut](https://longbridge.com/en/news/290804793.md)