The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index had no rise or fall in early trading and was reported at 25316 points; the Hang Seng Technology Index fell 0.58%. Hong Kong stocks traded HK$107.3 billion.
Overnight, US Optical Communications concept stocks bucked the trend due to heavy commercial cooperation. Qualcomm announced that it has reached a cooperation agreement with Amazon for customized AI chips spanning multiple generations of products. The cooperation covers high-speed optical connection technology for connecting computing components, and related chip orders are expected to reach up to 60 billion US dollars within ten years. At the same time, Corning announced that it has signed a multi-year supply agreement with US telecom giant Verizon worth several billion dollars until 2032. Xizhi Technology-P (01879) rose 20%; Haiguang Xinzheng (01191) rose 10.5%; Changfei Optical Fiber Cable (06869) rose 7.59%; and Junzhi Group (01300) rose 7%.
Weichai Power (02338) rose more than 6% and led the blue chip rise. The company became a component of the Hang Seng Index. In the first half of the year, data center diesel sales exceeded that of last year.
Freight rates for the two major segments of the Yusan race track have increased. COSCO Marine Energy (01138) rose more than 5%, and Pacific Shipping (02343) rose more than 3%.
Yunying Valley Technology (03310) rose more than 6%, was officially included in the Hong Kong Stock Connect, and has achieved large-scale shipment of high-end AMOLED display driver chips.
The resumption of trading of Dazhong Financial Holdings (00626) soared by more than 41%, receiving a premium of about 61.29% from the majority shareholder Volkswagen Bank for privatization.
The “first stock of AI conscious robots” Youdi Robotics (03231) was listed for the first time, surging 159% in early trading.
Jiaxin International Resources (03858) rose more than 6%, Zimbabwe's “mining ban” was upgraded, and restrictions on tungsten ore end continued to be strengthened.
Jinhai Medical Technology (02225) rose more than 14%, with a cumulative increase of nearly 60% after opening. The minimally invasive medical business surged more than threefold year-on-year in the first half of the year.
Haidilao (06862) fell 9.49% in early trading. The stock market currently traded 259 million shares, and the market speculated that shares may be sold to major shareholders.