XL2CSOPCSI300

CENTURY GINWA

TIANLI HOLDINGS

METASPACEX

GW TERROIR

CN INT DEV CORP

WATER INDUSTRY

GW TIANDI

KAISUN HOLDINGS

LESI GROUP

TJCD

01347

03986

As HK stocks closed on May 20, the broader market trended weaker amid soaring global long-term bond yields and developments among tech giants. The three major indices showed divergent performance, with the Hang Seng Tech Index bucking the trend to edge up 0.34%. On the trading floor, the semiconductor sector exploded collectively under multiple positive catalysts, with SMIC recording over HK$18.8 billion in turnover, while HUA HONG SEMI and GigaDevice both posted double-digit gains. Additionally, Alibaba's release of its self-developed AI chip spurred activity in computing power concepts, whereas gold resource stocks and certain tech majority stake stocks generally pulled back under pressure from the high-interest-rate environment

Market Pulse

HUA HONG SEMI

GIGADEVICE

SMIC

TENCENT

BABA-W

MONTAGE TECH

ZIJIN MINING

ZIJIN GOLD INTL

KUAISHOU-W

BILIBILI-W

SICC

Micron Tech

Intel

JPMorgan Chase

NVIDIA

KB LAMINATES

LENOVO GROUP

SH ELECTRIC

OpenAI

Alphabet

LAOPU GOLD

BYD COMPANY

ZTO EXPRESS-W

TOPNC

HAICHANG HLDG

51WORLD

TRACKER FUND

HSCEI ETF

CSOP HS TECH

XL2CSOPHYNIX

XIAOMI-W

SMIC HK SDR 5to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Hua Hong

Montage Technology

Zijin Mining

KUAISHOU-WR

Bilibili

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

NVIDIA Corporation

LENOVO GROUP-R

Lenovo Group

Shanghai Electric

Alphabet - C

Laopu Gld HK SDR 50to1

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

ZTO Express

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

HK Stocks Close | Major Indices Diverge, Semiconductor Sector Surges, GigaDevice Jumps Nearly 17%

159925

516210

513750

03133

07233

Legend Holdings Corporation has agreed to sell its entire 11.29% stake in a Shanghai Stock Exchange-listed company to China Logistics Capital for approximately RMB2.72 billion. The sale, priced at RMB15.156 per share, will result in Legend Holdings no longer holding shares in the target company. This transaction is classified as disclosable under Hong Kong listing rules, indicating its significance in the group's portfolio. The move aims to streamline holdings and potentially free up capital for other investments. The latest analyst rating for Legend Holdings stock is a Sell with a price target of HK$8.00.

Tip Ranks

China Southern CSI 300 ETF

Huaan CSI Banks ETF

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

CSOP CSI300

WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

ChinaAMC CSI Banks ETF

LEGENDHOLDING

Hwabao WP CSI Banks ETF

Legend Holdings to Sell Entire 11.29% Stake in SSE-Listed Company for RMB2.72 Billion

000300

09188

83188

399300

510300

03188

02846

Zhang Yu, a macro analyst at Huachuang Securities, pointed out that the CSI 300 and other large-cap broad-based indices demonstrate unique attractiveness amid global economic fluctuations, balancing the dual drivers of "overseas dividends" and "steady domestic demand." The mid-cap market value in the CSI 300 has significantly increased, with overseas revenue accounting for 16%. For large funds seeking stability, the CSI 300 provides a tool for balanced allocation both domestically and internationally, making it suitable for individual investors to seize opportunities in China's economic transformation

腾讯新闻 - 财经

CSI 300

CAM CSI300-U

CAM CSI300-R

Huatai-PB CSI 300 ETF

CAM CSI300

ISHARESCSI300

Hua Chuang's Zhang Yu: The CSI 300 and other large-cap broad-based indices balance the dual drivers of "overseas dividends" and "steady domestic demand."

00HSI

03115

513600

02800

UBS released a report stating that despite the recent sharp decline in the Hang Seng Index and the CSI 300 Index, the market has not fallen into extreme pessimism. The bank recommends that investors maintain a balanced portfolio, favoring A-shares, believing they have policy support and liquidity advantages. The report also lists Chinese stocks that may perform well during periods of rising oil prices and points out that historically, the market usually rebounds after extreme pessimistic events

AASTOCKS

Hang Seng Index

ISHARESHSI

Yinhua HSI SCHK ETF

Harvest SZSE SME-ChiNext Composite 300 ETF

China Southern Hang Seng ETF

ChinaAMC CSI 300 ETF

E Fund CSI 300 ETF Initiating Fund

"Major Banks" UBS: Hong Kong stocks and A-shares have not fallen into extreme pessimism, a balanced investment portfolio remains the best strategy

XL2CSOPCSI300(07233.HK)

HK Stocks Close | Major Indices Diverge, Semiconductor Sector Surges, GigaDevice Jumps Nearly 17%

Legend Holdings to Sell Entire 11.29% Stake in SSE-Listed Company for RMB2.72 Billion

Hua Chuang's Zhang Yu: The CSI 300 and other large-cap broad-based indices balance the dual drivers of "overseas dividends" and "steady domestic demand."

"Major Banks" UBS: Hong Kong stocks and A-shares have not fallen into extreme pessimism, a balanced investment portfolio remains the best strategy