CATL (3750.HK) rose by 4.66%. Morgan Stanley noted that its performance exceeded expectations, and its energy storage shipments may be boosted by AI-related demand.
According to Zhitong Finance, the Hang Seng Index fell by 0.63%, or 161 points, to 25,338 points, while the Hang Seng Tech Index dropped by 1.71%. The morning trading volume of Hong Kong stocks reached HKD 154.2 billion.
Alibaba-W (09988) fell by 5.76% after announcing its financial report, dragging down both the Hang Seng Index and the Hang Seng Tech Index.
CATL (3750.HK) rose by 4.66%. Morgan Stanley noted that its performance exceeded expectations, and its energy storage shipments may be boosted by AI-related demand.
Foxconn Interconnect Technology (06088) surged over 13% as NVIDIA’s new rack design may adopt a dual approach of optical and copper technologies. Strong AI demand is driving significant earnings growth.
Following rumors of Tesla’s procurement in China’s photovoltaic sector, JinkoSolar (02865) rose by 12%, while Xinyi Solar (00968) increased by 6%.
After a sharp decline, the precious metals market rebounded, with Zijin Gold International (02259) rising over 5% and Lingbao Gold (03330) gaining more than 6%.
Gifore Pharma-B (02595) surged over 13% as three innovative preclinical research findings on large and small molecules are scheduled to be announced at the AACR Annual Meeting 2026.
Weis Plus (00856) soared over 13% following the official launch of its self-developed new product VClaw. The company plans to double its R&D investment within the year.
Bloks (00325) rose over 7%. Analysts expect the company to maintain high revenue growth rates, primarily driven by overseas markets.
Jiaxin International Resources (03858) surged over 9%. Tungsten prices are expected to remain high throughout the year, and the company was recently added to the Stock Connect program.
MGM China (02282) dropped over 6%. Last year’s net profit increased by 10% year-on-year, with a final dividend of HKD 0.353 per share.
Samsonite (01910) fell more than 7%, with its annual net profit decreasing by 16% year-on-year to USD 289 million.
