On the morning of February 27th, during the midday trading break, the Hang Seng Index exhibited a positive trajectory, climbing by 0.75%. Concurrently, the Hang Seng Tech Index also demonstrated robust growth, increasing by 1.04%. The technology and automotive sectors emerged as the primary drivers of this upward movement. Notably, Kingsoft Cloud's stock price soared by over 9%, while Pony.ai and SenseTime both witnessed surges exceeding 6%. Bilibili, too, experienced a notable gain, with its stock price rising over 3%. In contrast, the semiconductor and electrical equipment sectors faced significant headwinds. GigaDevice's stock price plummeted by over 6%, while Montage Technology and Dongfang Electric both saw declines exceeding 4%. Amidst these market fluctuations, southbound capital demonstrated confidence in the market, recording a net purchase of HKD 2.513 billion.
