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HK Close | Tobacco and copper rallies underpin modest HSI gain

Tiger Newspress16:11

I. Market Overview

The Hong Kong market ended the Aug 26 session firmer, supported by broad-based strength in cyclical names even as large-cap technology stocks delivered mixed returns. The Hang Seng Index (HSI) rose 0.56% to 25,652.97, while the Hang Seng China Enterprises Index (HSCEI) added 1.05% to 8,533.84. Technology counters edged up, leaving the Hang Seng Tech Index (HSTECH) higher by 0.82% at 4,626.15. Defensive plays also contributed, helping the market close in positive territory.

Total market turnover reached HK$254.82 billion, indicating solid participation. Investor focus gravitated toward commodity-linked stocks amid sharp advances in metals, while selective biotech and auto-tech names attracted interest following corporate updates released during the trading day.

II. Sector Performance

Large-cap Tech Stocks

Performance diverged across the heavyweight tech complex: XPENG-W jumped 7.81% and HUA HONG GRACE rallied 6.43% on semiconductor optimism, whereas SENSETIME-W fell 2.65% and Z.AI slid 2.74%. Bellwethers TENCENT (+0.77%), ALIBABA (+2.10%) and MEITUAN (+1.10%) provided a mild lift to the sector.

Top Performing Sectors

  • Tobacco (+11.01%)

  • Copper (+9.71%)

  • Paper Packaging (+9.08%)

Bottom Performing Sectors

  • Leisure Facilities (-5.58%)

  • Water Utilities (-5.21%)

  • Metal & Glass Containers (-4.81%)

III. Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

H&H INTL HLDG

01112

17.63

18.88%

ABLE DIGITAL

02687

312.40

15.02%

JIA YAO HLDGS

01626

20.38

13.79%

NEWBORNTOWN

09911

8.88

12.98%

ZA ONLINE

06060

12.31

12.73%

AXERA

00600

17.39

11.47%

CONSUN PHARMA

01681

14.93

11.42%

GPIXEL

03277

79.95

11.27%

SMOORE INTL

06969

11.39

11.01%

FAMEGLOW

03774

21.78

9.94%

Filter: Market cap>HKD10B

IV. Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

BASICSEMI

09971

48.44

-27.27%

EASY SMART GP

02442

95.50

-20.42%

DIAGENS-B

02526

532.00

-18.28%

BJ ENT WATER

00371

1.69

-17.56%

SHENZHOU INTL

02313

37.94

-7.78%

Keytop Parking

02272

109.90

-6.86%

CHINA STATE CON

03311

7.91

-6.50%

GENFLEET-B

02595

32.34

-5.93%

YOURAN DAIRY

09858

3.99

-5.79%

FOSUN PHARMA

02196

16.32

-5.72%

Filter: Market cap>HKD10B

V. Closing Summary

1. Equity benchmarks concluded Aug 26 in positive territory, with the HSI +0.56%, HSCEI +1.05% and HSTECH +0.82%. Gains were driven chiefly by strength in cyclical sectors such as tobacco and metals, offsetting pockets of weakness in selected consumer and utility names.

2. Large-cap tech displayed a mixed picture. Chipmaker-linked counters outperformed after upbeat sentiment around semiconductor demand: XPENG-W +7.81%, HUA HONG GRACE +6.43% and SMIC +2.73% outshone peers, while AI developer SENSETIME-W ‑2.65% and AI hardware group Z.AI ‑2.74% lagged. Media coverage during the session highlighted Xiaomi’s in-house “Xring O3” chipset launch, helping XIAOMI-W climb 2.52% (Tiger Newspress, 10:13).

3. Resource plays caught the spotlight. Nonferrous-metal names surged after a rally in global copper prices: Jiangxi Copper rose 9%, with CMOC, MMG and Zijin Mining gaining over 4% (Tiger Newspress, 09:53). The upbeat move was mirrored at the industry level, where the Copper sector advanced 9.71%. Meanwhile, biotech counters rebounded: CANSINOBIO soared 17% and Innovent Bio added 11% on fresh partnership and earnings news (Tiger Newspress, 09:47).

4. Sector rotation was evident. The Tobacco sector’s 11.01% rally topped the performance table, followed by strong interest in commodity-linked and packaging plays. Conversely, Leisure Facilities and Water Utilities underperformed, shedding more than 5% each. No major IPOs debuted today, though investors continued to monitor policy headlines and corporate developments for direction.

Sources: Public market data; Tiger Newspress reports dated Aug 26 on nonferrous metals, biotech stocks, and Xiaomi chipset launch.

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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