Search
On May 11, the Hang Seng Tech Index registered a modest increase of 0.07%, closing at 5,106.4 points. Meanwhile, the Hang Seng Index also witnessed a slight uptick of 0.05%, finishing at 26,406.84 points. Chip stocks were the driving force behind the gains, with Montage Technology soaring by over 11%, SMIC climbing more than 4%, and Hua Hong Semiconductor advancing over 2%. In contrast, most of the prominent tech stocks experienced a downturn. Alibaba's shares fell by over 3%, Baidu's dropped nearly 3%, Tencent's declined by over 1%, and Meituan saw only a marginal increase. The optical communication sector, although initially buoyant, saw its gains diminish, with only Cambridge Industries and YOFC managing to maintain their upward trajectory.
-
C114 Communication Network -
Communication Home
