---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40947851.md"
description: "Hong Kong stocks experienced an extremely structural market today 📊. The $Hang Seng Index(00HSI.HK) fell 0.57%, closing at 25,651 points, dragged down by heavyweight financial and real estate sectors. However, hard tech stocks surged across the board 🔥. The Hang Seng TECH Index rose 0.34%, with the semiconductor sector soaring over 8%. Leaders included SMIC and $HUA HONG GRACE(01347.HK). Southbound capital recorded a net purchase of 5.7 billion HKD, aggressively buying into the AI supply chain. Other sectors showed divergence: pharmaceuticals and pork stocks were resilient, while gold and auto stocks remained weak. Funds were clearly concentrated in high-growth tracks.$FIT HON TENG(06088.HK) (6088) 💡It has fallen for 5 consecutive days, accumulating a 17.7% loss, closing at 8.58 HKD today. The current position is in an oversold zone after the sharp decline, with a high probability of a rebound ✅. The fundamentals are solid. As a leader in AI server connectors and a core supplier to NVIDIA, its Q1 net profit surged 67.1%, with AI business doubling. The underlying logic remains intact; this is not a fundamental collapse.Take-Profit and Stop-Loss Strategy 📌Take Profit: For the short term, first target 8.8–9.0 HKD (resistance from trapped positions), reduce half the position upon reaching. If it stabilizes above 9 HKD with high volume, then target 9.4–9.6 HKD for phased profit-taking.Stop Loss: 8.3 HKD (today's low). If it breaks below this level effectively for 30 minutes without recovery, decisively cut losses. Within the 8–8.3 HKD range, you can add a small position for day trading to average down the cost.Overall, Foxconn Interconnect Technology is a core AI hard tech play. A short-term oversold rebound is expected. If the mid-term AI theme remains intact, it still has the potential to reach new highs. Just stick to your stop loss and take profits in phases 👍."
datetime: "2026-05-20T13:04:42.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40947851.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40947851.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40947851.md)
author: "[港股老司機](https://longbridge.com/en/profiles/28243308.md)"
---

# Hong Kong stocks experienced an extremely structur…


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## Comments (1)

- **KellySun · 2026-05-21T01:11:07.000Z**: Thanks for sharing, old driver.