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HK Close | Tech and AI shares boost sentiment, HSI climbs nearly 1% to 25,207

Tiger Newspress07-27 16:11

Market Overview

The Hong Kong market finished Jul 27 on a firmer footing. The benchmark Hang Seng Index (HSI) advanced 0.98% to 25,207.18, while the Hang Seng China Enterprises Index (HSCEI) gained 1.14% to 8,365.38. The technology-heavy Hang Seng Tech Index (HSTECH) outperformed, rising 1.57% to 4,702.05. The Hang Seng China (Industry) Index (HSCCI) edged up 0.16% to 4,125.78, underscoring a generally constructive tone across blue chips and growth counters.

Market activity remained robust, with total turnover reaching HK$210.50 billion. Investor focus gravitated toward large-cap internet and AI-related names after upbeat intraday headlines highlighted solid gains in Xiaomi, Tencent and Meituan. Meanwhile, selected semiconductor plays faced profit-taking pressure, tempering the broader advance but leaving overall sentiment positive into the close.

Sector Performance

Large-cap Tech Stocks

Major internet and hardware leaders traded mixed but skewed higher. Xiaomi (+7.34% to HK$28.68) led the space on heavy turnover, while Tencent (+1.93% to HK$443.00), Meituan (+3.00% to HK$89.30), and Bilibili (+2.35% to HK$139.10) provided additional support.

In contrast, chipmaker SMIC (-0.98% to HK$70.65) and Hua Hong Grace (-0.80% to HK$148.60) slipped, reflecting cautious rotation within the semiconductor sub-sector.

Top Performing Sectors

  • Silver (+9.09%)

  • Hotel & Resort REITs (+6.94%)

  • Other Diversified Financial Services (+6.63%)

Bottom Performing Sectors

  • Oil & Gas Refining & Marketing (-4.64%)

  • Tires & Rubber (-4.39%)

  • Diversified Capital Markets (-3.19%)

Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

CFMEE

09630

335.80

19.33%

MINIMAX-W

00100

229.60

17.14%

ABLE DIGITAL

02687

169.20

11.98%

DAJIN

01081

36.60

11.59%

ENVISION GREEN

01783

4.16

11.53%

GON TECHNOLOGY

02768

33.10

10.92%

DEEPZERO

02723

604.50

10.11%

TH MEDICAL-B

02697

602.00

9.85%

VIGONVITA-B

02630

85.45

9.55%

ROKAE ROBOTICS

03752

50.60

8.58%

Filter: Market cap>HKD10B

Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

JINHAI MED TECH

02225

3.79

-11.03%

LYGEND RESOURCE

02245

13.02

-10.08%

WANGUO GOLD GP

03939

9.77

-10.04%

MICOT PHARMA-B

02335

31.60

-7.06%

LEADS BIOLABS-B

09887

58.05

-7.05%

NEXCHIP

02249

32.38

-6.04%

BIREN TECH

06082

34.80

-5.07%

ZCLOUD TECH-NEW

09900

5.71

-4.83%

GENFLEET-B

02595

33.18

-4.71%

ONEWO

02602

16.41

-4.59%

Filter: Market cap>HKD10B

Closing Summary

1. Equity indices finished the Jul 27 session firmly higher, with the HSI up 0.98% and the HSCEI up 1.14%. Buying interest was broad-based but most pronounced in growth segments, helping the HSTECH outperform with a 1.57% gain. Turnover of HK$210.50 billion indicated solid participation as investors digested a series of company-specific catalysts and sector rotations.

2. Within the large-cap tech universe, sentiment leaned constructive. Xiaomi’s 7.34% jump, highlighted in intraday media coverage, underscored optimism around AI and device demand. Internet platforms such as Tencent (+1.93%) and Meituan (+3.00%) contributed meaningfully to the Tech Index’s rise. Gains in Bilibili (+2.35%) and JD Health (+2.11%) added breadth. Offsetting strength, select chip manufacturers including SMIC (-0.98%) and Hua Hong Grace (-0.80%) dipped after intraday reports flagged pressure on semiconductor names.

3. Among individual movers, AI-focused MINIMAX-W (+17.14%) and biotech name CFMEE (+19.33%) topped the gainers list, reflecting sustained investor appetite for high-growth niches. On the downside, healthcare newcomers such as Jinhai Med Tech (-11.03%) and materials group Lygend Resource (-10.08%) faced sharper sell-offs. Sector-specific developments, rather than macro drivers, shaped most stock-level volatility.

4. Sector dispersion was notable. Precious-metals plays led, with the Silver group soaring 9.09% on safe-haven interest. Hospitality-linked Hotel & Resort REITs added 6.94% amid reopening tailwinds, and Diversified Financials climbed 6.63%. Conversely, energy downstream names in Oil & Gas Refining & Marketing (-4.64%) and industrial Tires & Rubber (-4.39%) lagged, suggesting selective profit taking. In corporate news, Shein’s draft prospectus for a Hong Kong listing and reports on sector-wide AI financing signaled continued pipeline activity that could influence future market sentiment.

Sources: Public market data; intraday media reports dated Jul 27

Disclaimer: This content is for reference only and does not constitute investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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