Bullish

Hong Kong Midday Turnover Hits HKD 173B as HSI Rises 1.37%

2026-07-29 12:10:42

Hang Seng Index gains 1.37% with HKD 173B turnover. Auto and tech stocks lead, while semiconductor names decline sharply amid mixed sector performance.

Woofun AI data shows that the Hang Seng Index closed the morning session up 1.37%, reaching a high of 25,737 points after fluctuating between a high of 25,737 and opening levels. The Hang Seng Tech Index advanced 2.2%, contributing to total market turnover of HKD 173.04 billion. Li Auto surged 10% and Xiaomi Group rose over 9%, leading automotive and technology sectors. Conversely, Hua Hong Semiconductor and SMIC both declined nearly 8%.

WOOFUN AI

Impact Assessment · Quick Read

The divergence between auto/tech rallies and semiconductor declines highlights sector-specific rotation within Hong Kong equities. High turnover suggests active institutional participation despite mixed signals from chipmakers. Investors may monitor whether semiconductor weakness offsets broader tech gains in afternoon trading.
Generated by WOOFUN AI · For reference only, not investment advice

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