--- title: "Hong Kong Stock Midday Review: The Hang Seng Index rose strongly, closing up 2.12%, with the pharmaceutical sector experiencing a widespread surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/291089764.md" description: "After a cumulative drop of over 1,200 points last week, the Hang Seng Index opened higher this morning and subsequently surged, recovering the 23,000-point mark, with an intraday increase of over 400 points. The Hang Seng TECH Index showed strong performance, rising 3.6% in the first half of the day. As of the midday close, the Hang Seng Index rose 2.12% to 23,153.43 points, while the TECH Index increased 3.68% to 4,412.23 points, with a total market turnover of HKD 172.926 billion. On the sector front, the pharmaceutical sector saw a broad breakout, with innovative drug concepts leading the market. Sectors such as internet stocks and gaming software performed strongly, while electronic components and optical communications experienced collective adjustments. In terms of individual stocks, newly listed Baige Digital surged 317.95% in the first half of the day, Hengrui Pharma rose 7.84%, Transthera-B increased 39.56%, Lenovo Group fell 9.64%, and YOFC dropped 8.22%" datetime: "2026-06-29T04:09:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291089764.md) - [en](https://longbridge.com/en/news/291089764.md) - [zh-HK](https://longbridge.com/zh-HK/news/291089764.md) --- # Hong Kong Stock Midday Review: The Hang Seng Index rose strongly, closing up 2.12%, with the pharmaceutical sector experiencing a widespread surge According to Jinshi Data on June 29, after a cumulative drop of over 1,200 points last week, the Hang Seng Index opened higher this morning and subsequently surged to recover the 23,000-point mark, rising over 400 points during the day. The Hang Seng Tech Index showed strong performance, soaring 3.6% at midday. As of the lunch break, the Hang Seng Index closed up 2.12% at 23,153.43 points, while the Tech Index rose 3.68% to 4,412.23 points, with a total market turnover of HKD 172.926 billion. On the sector front, the pharmaceutical sector saw a broad breakout, with innovative drug concepts leading the market. Tech stocks, gaming software, and other sectors performed strongly, while electronic components and optical communications saw collective adjustments. In terms of individual stocks, newly listed Baige Digital (02672.HK) surged 317.95% at midday, Hengrui Pharma (01276.HK) rose 7.84%, Transthera-B (02617.HK) increased 39.56%, Lenovo Group (00992.HK) fell 9.64%, and YOFC (06869.HK) dropped 8.22% ### Related Stocks - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) - [01276.HK](https://longbridge.com/en/quote/01276.HK.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [06869.HK](https://longbridge.com/en/quote/06869.HK.md) - [600276.CN](https://longbridge.com/en/quote/600276.CN.md) - [02672.HK](https://longbridge.com/en/quote/02672.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [02617.HK](https://longbridge.com/en/quote/02617.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [03033.HK](https://longbridge.com/en/quote/03033.HK.md) - [159892.CN](https://longbridge.com/en/quote/159892.CN.md) - [159748.CN](https://longbridge.com/en/quote/159748.CN.md) - [520500.CN](https://longbridge.com/en/quote/520500.CN.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [159316.CN](https://longbridge.com/en/quote/159316.CN.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [03032.HK](https://longbridge.com/en/quote/03032.HK.md) - [159570.CN](https://longbridge.com/en/quote/159570.CN.md) - [03067.HK](https://longbridge.com/en/quote/03067.HK.md) - [07226.HK](https://longbridge.com/en/quote/07226.HK.md) - [07552.HK](https://longbridge.com/en/quote/07552.HK.md) - [07266.HK](https://longbridge.com/en/quote/07266.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [80992.HK](https://longbridge.com/en/quote/80992.HK.md) - [601869.CN](https://longbridge.com/en/quote/601869.CN.md) ## Related News & Research - [Lenovo relocates registered office to Cyberport 5 in Hong Kong from July 6, 2026](https://longbridge.com/en/news/291116087.md) - [Lenovo completes issue of USD 2 billion zero-coupon convertible bonds due 2033](https://longbridge.com/en/news/290815927.md) - [Lenovo publishes FY 2025/26 ESG report](https://longbridge.com/en/news/290937233.md) - [Lenovo Group announces annual general meeting](https://longbridge.com/en/news/290938550.md) - [Numans Health Food wins mandate to sell up to 4,000,000 Lenovo Group shares at minimum HK$ 18.19 each](https://longbridge.com/en/news/290927704.md)