Hong Kong Stocks Intraday | Three Major HK Indices Retreat Collectively; Chip and Insurance Sectors Strengthen; SMIC Leads in Turnover
LB Select·- The Hong Kong stock market experienced adjustments, with the Hang Seng Index down 1.02% to 25,845.79 points. - Semiconductor stocks rallied due to rising AI computing demands, notably with Cambricon Technologies increasing by 20% and reporting a significant revenue growth of 159.56% year-on-year. - Investors remain cautious due to global economic conditions, while sector performance is creating structural trading opportunities in tech and consumer segments.