Hong Kong Midday: Hang Seng Gives Up Early Gains; AI Stocks Surge on Nvidia, Zhipu Catalysts; Hansoh Pharma Soars 13%
Market Pulse·
- On August 27, Hong Kong stocks showed divergent trends with the Hang Seng Index falling 0.25% to 25588 points amid a morning turnover of 75.7 billion HKD.
- Propelled by Nvidia's strong financial results and Zhipu's new AI model, AI concept stocks rallied significantly with companies like Montage Technology surging over 7%.
- Hansoh Pharmaceutical spiked over 13% following a robust interim report, while other sectors experienced varied performances including Baidu rising nearly 6% and China Feihe dropping nearly 10%.