--- title: "Hong Kong Stock Market Midday Review | Hang Seng Index fell 1.7% in the morning session, KNOWLEDGE ATLAS leads the Hang Seng TECH Index" type: "News" locale: "en" url: "https://longbridge.com/en/news/290138261.md" description: "In the early session of the Hong Kong stock market, the Hang Seng Index fell 1.7% to 23,899 points, and the Hang Seng TECH Index dropped 1.38%, with a turnover of HKD 164.5 billion. In terms of individual stocks, KNOWLEDGE ATLAS, MINIMAX-W, GIGADEVICE, and other AI and technology stocks led the gains; NIO Inc. and QINGSONG HEALTH also rose. Brilliance China, HASHKEY HLDGS, and FUFENG GROUP saw significant declines, affected by lowered operational expectations, the unlocking of restricted shares, and profit warnings" datetime: "2026-06-18T04:06:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290138261.md) - [en](https://longbridge.com/en/news/290138261.md) - [zh-HK](https://longbridge.com/zh-HK/news/290138261.md) --- # Hong Kong Stock Market Midday Review | Hang Seng Index fell 1.7% in the morning session, KNOWLEDGE ATLAS leads the Hang Seng TECH Index According to Zhitong Finance APP, the Hong Kong Hang Seng Index fell by 1.7%, down 412 points, closing at 23,899 points; the Hang Seng TECH Index dropped by 1.38%. The turnover of Hong Kong stocks in the morning session was HKD 164.5 billion. KNOWLEDGE ATLAS (02513) rose over 12% again, with GLM-5.2 programming capabilities approaching the strongest overseas, and the company's commercialization progress is impressive. MINIMAX-W (00100) rose over 7% again, as the fifth set of standards for the Sci-Tech Innovation Board expands the AI track, and the company's return to A-shares will usher in a valuation reassessment opportunity. GIGADEVICE (03986) rose 6% to reach a new high, as Changxin Technology is about to be listed, and the company recently launched a dedicated MCU for optical modules. InnoCare Pharma (03696) rose over 6% against the market trend, as the third-phase clinical meeting for Rentosertib was held, further validating its AI research and development capabilities. Daheng New Epoch Technology (03200) rose over 9% again, as the PCB industry is experiencing a wave of expansion, and the company is the world's largest manufacturer of PCB-specific equipment. Quantitative Party (02685) rose over 23%, acquiring a company holding an ICP license and suggesting the launch of a consumer e-commerce platform. NIO-SW (09866) rose over 5%, with the ES9 set to deliver 10,000 units this month, and the company's product matrix continues to expand. Jiangxi Copper Company (00358) saw its A-shares hit the daily limit, with H-shares rising over 5%, recently announcing plans to spin off Jiang Copper Foil for a listing in Hong Kong. QINGSONG HEALTH (02661) rose over 27%, launching the evidence-based medicine AI glasses system "Zhengjing" to promote quality medical capabilities to grassroots levels. Yili International (00585) rose over 6% against the market trend, as the 90s capital newcomer Han Xuyang took over, accelerating the implementation of the "cultural entertainment + finance" dual-wheel strategy. Brilliance China (01114) fell over 16%, as BMW Group lowered its core operating expectations for the 2026 fiscal year. HASHKEY HLDGS (03887) fell 23% to a new low, as the first batch of restricted shares recently became unrestricted. 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