--- title: "\"Market Closing Summary\" Hong Kong stocks fell 78 points, POP MART dropped 6%, Hua Hong Semiconductor hit a new high, Hong Kong stocks rose 613 points this week" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/272808982.md" description: "The Hong Kong stock market closed at 26,844.96 points on Friday, down 78.66 points, a decrease of 0.29%. For the week, the Hang Seng Index rose a total of 613.17 points, an increase of 2.3%. POP MART fell by 5.6%, while Hua Hong Semiconductor's H shares hit a record high, closing at 106.8 yuan, up 7.391%. Technology stocks showed mixed performance, with Meituan and Tencent both down over 7%, while Alibaba saw a slight increase. WuXi Biologics faced a shareholder sell-off, and Yunzhisheng's first post-IPO allocation fell by 6.6%. Kuaishou issued notes to raise HKD 15.6 billion, with its stock price slightly declining" datetime: "2026-01-16T08:55:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272808982.md) - [en](https://longbridge.com/en/news/272808982.md) - [zh-HK](https://longbridge.com/zh-HK/news/272808982.md) --- > 支持的语言: [English](https://longbridge.com/en/news/272808982.md) | [繁體中文](https://longbridge.com/zh-HK/news/272808982.md) # "Market Closing Summary" Hong Kong stocks fell 78 points, POP MART dropped 6%, Hua Hong Semiconductor hit a new high, Hong Kong stocks rose 613 points this week Hong Kong stocks tested the 27,000-point mark multiple times this week but failed to achieve full success. On Friday, the index rose initially before falling, closing at 26,844.96 points, down 78.66 points, a decrease of 0.29%. The trading volume was HKD 255.08 billion. The high was 27,176.31 points, and the low was 26,741.54 points. The Technology Index closed down 0.11% at 5,822.18 points, while the National Index fell 0.5% to 9,220.81 points. In summary for the week, the Hang Seng Index rose a total of 613.17 points, an increase of 2.3%. On Friday, among the stocks, POP MART (09992) performed the worst, falling 5.6% for the day to close at HKD 178.6. Reports indicated that its subsidiary Labubu's main mainland contractor, ShunJia Toys, has widespread issues regarding the exploitation of labor rights. The company is investigating the related allegations. The stock has declined 47% from last year's high of HKD 339.8. Technology stocks and ATM performed differently, with Meituan (03690) and Tencent (00700) dropping over 7%, while Alibaba (09988) rose 0.972%, and its subsidiary Alibaba Health (00241) increased by 5.16%. Semiconductor stocks performed well, with Hua Hong Semiconductor (01347) H shares breaking a record high at the close, reaching HKD 106.8, up 7.391%, with a peak of HKD 106.9, marking the first time it broke the HKD 100 mark. SMIC (00981) H shares rose by 2.392%. Several stocks had rights issues, including WuXi Biologics (02269), which saw shareholders reduce their holdings by HKD 5.78 billion through a rights issue, with total trading of HKD 8.5 billion, closing at HKD 39.78, down 0.6%. CloudWalk (09678) had its first rights issue after listing, falling 6.6% for the day. Kuaishou (01024) issued three types of notes to raise HKD 15.6 billion, with its stock price initially rising before falling by 1.508%, closing at HKD 78.35. Luoyang Molybdenum (03993) reported a profit warning, rising 0.446% for the day. MINIMAX (00100), which listed on January 9, surged 22.346% against the market trend, closing at HKD 438. #Market Summary #Semiconductor Stocks #Chip Stocks (SY) ### 相关股票 - [Hua Hong (688347.CN)](https://longbridge.com/zh-CN/quote/688347.CN.md) - [HUA HONG SEMI (01347.HK)](https://longbridge.com/zh-CN/quote/01347.HK.md) - [POP MART (09992.HK)](https://longbridge.com/zh-CN/quote/09992.HK.md) ## 相关资讯与研究 - [Hua Hong Semiconductor Wins SSE Acceptance for Share-Issuance Acquisition Plan](https://longbridge.com/zh-CN/news/281182290.md) - [Pop Mart shares sink despite revenue surge, as analysts say Labubu reliance worries investors](https://longbridge.com/zh-CN/news/280487493.md) - [Pop Mart’s $33 Billion Rout Casts Doubt on Life After Labubu](https://longbridge.com/zh-CN/news/281434908.md) - [Jefferies Reaffirms Their Buy Rating on Pop Mart International Group Limited (735)](https://longbridge.com/zh-CN/news/280938752.md) - [A C-Suite executive at Pop Mart's biggest Chinese competitor explains what goes into making a hit toy like Labubu](https://longbridge.com/zh-CN/news/281606541.md)