Hong Kong stocks closed mixed, YOFC surged 10.65%, Montage Tech rose 6.00%

Market Watcher06-03

On June 3, 2026, the Hong Kong stock market closed with mixed results. The Hang Seng Index fell by 1.56%, the Hang Seng China Enterprises Index dropped by 1.90%, the Hang Seng Tech Index declined by 2.74%, and the Hang Seng Composite Index decreased by 0.26%.

In terms of sectors, the optical communication sector saw significant gains, with YOFC rising 10.65%, FIT HON TENG up 7.06%, and CIG increasing by 7.14%. The coal sector also performed well, with CHINA SHENHUA gaining 1.30% and YANKUANG ENERGY up 2.14%.

Among individual stocks, MONTAGE TECH rose by 6.00%, driven by strong quarterly earnings. KB LAMINATES surged 9.55% on news of a major contract win. XIZHI TECH-P saw a significant increase of 16.83%, attributed to positive market sentiment and strong financial performance. SHOUGANG LANZA skyrocketed by 44.25%, following the announcement of a strategic partnership with a leading technology firm.

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