CIHSTEC@EP2610A

HengSheng Technology Index Favors Newcomers

Opening of Hang Seng Index Futures, HSI China Enterprises Index Futures, and HKEX Mainland China 50 Index Futures

Hengsheng Technology ETF Tian 弘 Continues to Attract Net Inflows

HANG SENG TECH INDEX DOWN OVER 3%

HANG SENG TECH INDEX DOWNS MORE THAN 2% INTRADAY

Renminbi Strengthens Against US Dollar, Supports Hong Kong Stocks

RMB Midpoint Rates Rise, Boosting Hong Kong Stock Market Performance

Domestic Internet Giants Post Impressive Earnings Reports

HSI Company Launches Generative AI to Enhance Index Calculation Efficiency

Alibaba Surpasses Expectations in Earnings Report; Hang Seng Tech Index and ETF Rise

Hang Seng Index Ends Four-Day Winning Streak With a Decline

HengSeng Index Down, Southbound Funds Net Buy

Hengsheng Technology Index Rises 1% to 5,486.16

Hong Kong Tech Index Tumbles, Xinyi Solar and Others See Sharply Lower Shares

Hong Kong Tech ETFs See Significant Growth in Shares

Hong Kong stocks fall, but Hang Seng Tech Index rises

Huatai Securities Analyzes Trend of A-Share Tech Companies Listing in Hong Kong

EASEC FYH Science & Technology ETF Down for 5 Consecutive Days

Huati Fund's Hang Seng Tech ETF Continues to Fall Recently

Foreign Institutions See Opportunities in China's Tech Sector

SOMERLEY CAP

TIANLI HOLDINGS

CPM GROUP

FUTONG TECH

NICHE-TECH SEMI

SINO ICT

COSMOS MACH

UBOT HOLDING

SAMPLE TECH

PERENNIAL INT'L

XIACY

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STECH

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At midday, the HSI fell 302 points (1.2%) to 25,793, while the HSTI dropped 90 points (1.8%) to 4,885. Notable declines included XIAOMI down 3.2% to $29.98, TENCENT down 1.1% to $467.6, and LI NING down 4.3% to $19.4. In contrast, GOFINTECH QUANT rose 1.7% to $8.32, reaching a new high. Overall, the market showed significant downward movement with several heavyweights experiencing losses.

AASTOCKS News

Xiaomi Corporation

LI NING

Hang Seng TECH Index

Hang Seng Index

TENCENT

HSI Down 302 pts; HSTI Down 90 pts; XIAOMI Down over 3%; GOFINTECH QUANT Hit New Highs

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NTES

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KTEC

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Hong Kong stocks opened with gains today, as the Hang Seng Index rose by 1.4% and the Hang Seng Tech Index increased by 1.58%. According to Jin10, technology stocks showed strength, with Baiduand NetEaseboth rising over 3%.

CoinLive

NETEASE MUSIC

NetEase

ISHARESHSTECH-U

KraneShares Hang Seng TECH Index ETF

GX HS TECH

HSTECH ETF

ISHARESHSTECH

Baidu

BIDU-SW

STOCKS | Hong Kong Stocks Open Higher with Tech Sector Leading Gains

00100

KBAB

BABO

BABX

A wave of investment is flowing into Chinese technology firms, with Morgan Stanley predicting $1.25B to $1.75B entering Hong Kong's tech index as two AI companies join. Despite a drop in the Hang Seng Tech Index, Knowledge Atlas and MiniMax have seen share price increases. A recent court ruling prohibits companies from firing employees to replace them with AI, emphasizing worker rights. Meanwhile, China's micro drama format is gaining popularity, showcasing AI's role in content creation. Morgan Stanley views Alibaba as a top AI investment opportunity in the Chinese market.

Cryptopolitan

MINIMAX-W

KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

Alibaba

BABA-W

Chinese AI stocks to draw $1.75B while banning what Silicon Valley does best

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Hong Kong's stock market closed lower, with the Hang Seng Index falling by 1.28% and the Hang Seng Tech Index by 0.79%. Despite volatility, chip stocks rose, and the commercial aerospace sector gained in the afternoon. Sectors like power equipment, home appliances, and oil showed strength, while battery manufacturers, new energy vehicle companies, PCB producers, and non-ferrous metals faced significant declines.

Guotai CSI Semiconductor Material Equipment Theme ETF

CSOP HSI ETF

Tianhong Hang Seng TECH ETF(QDII)

CSOP HS TECH

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Hong Kong Stocks Close Lower as Hang Seng Index Falls 1.28%

.HXC

167506

MCHI

03448

DRAG

CQQQ

China plans to restrict its top technology firms, including leading AI startups, from accepting U.S. investment without government approval, according to a report by Bloomberg News. This move aims to curb U.S. capital inflow into the tech sector. The report has not been independently verified by Reuters.

Yahoo Finance

NASDAQ Golden Dragon China Index

Essence Csi Shenzhen Technology Innovation Theme Index Fund(Lof)-A

iShares MSCI China

GX CHINA TECH

Roundhill China Dragons ETF

Invesco Golden Dragon China

Invesco China Tech

China to curb US investment in tech companies, Bloomberg News reports

NVDA

NVDL

Chinese AI startup DeepSeek unveiled its V4 model, raising outside funding for the first time. The release impacted Chinese AI stocks negatively while boosting chipmaking shares in Hong Kong and mainland markets. DeepSeek's V4 model, which is open source, competes well against domestic rivals. The company is in talks to raise funds at a valuation above $20 billion, primarily to retain researchers amid growing competition in China's AI sector. The release also raised questions about the chips used for training, as U.S. export controls limit access to advanced Nvidia chips.

- Chinese AI startup DeepSeek launched a preview of its V4 model and is seeking outside funding for the first time, impacting shares of several Chinese AI companies negatively while boosting chipmaking stocks.  
- The V4 model, which is open source, comes in two sizes and claims to outperform domestic competitors in AI-related tasks, although the specific chips used for training remain undisclosed.  
- DeepSeek's funding efforts aim to retain researchers amid a competitive landscape, following reports of talent leaving for rival firms with higher valuations.

NVIDIA

GraniteShares 2x Long NVDA Daily ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

iShares Future AI & Tech ETF

Direxion Daily NVDA Bull 2X Shares

China Merchants CSI Semiconductor Industry ETF

T-Rex 2X Long NVIDIA Daily Target ETF

VanEck Semiconductor ETF

ChinaAMC Guozheng Semiconductor Chip ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

SPDR S&P Semicon

Direxion Semicon Bull 3X

China Southern CSI Semiconductor Industry Custom ETF

Invesco Semiconductors ETF

YieldMax NVDA Option Income Strategy ETF

Guotai CES Semiconductor Chip Industry ETF

iShares Semiconductor ETF

First Trust Nasdaq Food & Semicon

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

DeepSeek V4 rattles Hong Kong tech shares while chip rally gains pace

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The Hang Seng Index main overnight session closed down 0.46% at 25,802 points. The Hang Seng TECH Index main overnight session closed down 0.76% at 4,830 points

CIHSTEC@EP2610A(28044.HK)