On the morning of September 18th, the Hang Seng Tech Index demonstrated an upward oscillation trend following the market opening, with intraday gains at one point surpassing 2%. By the midday break, the Hang Seng Index had climbed by 0.67%, while the Hang Seng Tech Index recorded a 1.74% increase. Chip stocks exhibited robust performance, with Illuvia (09903.HK) surging by over 13%, Biren Technology (06082.HK) gaining more than 9%, and Hua Hong Semiconductor (01347.HK) rising by over 6%. The optical communications sector also witnessed a strengthening trend, with Lightelligence-P (01879.HK) jumping by over 17%. Artificial intelligence stocks rebounded as well, with MINIMAX-W (00100.HK) surging by over 13% and Zhipu (02513.HK) gaining more than 6%. Additionally, sectors such as liquid cooling, innovative pharmaceuticals, telecommunications equipment, Chinese brokerages, intelligent driving, commercial space, and new consumption also demonstrated favorable performance. In contrast, sectors like coal, dairy products, batteries, building materials and cement, and port transportation remained sluggish during the morning trading session. Among individual stocks, Lenovo Group (00992.HK) surged by over 7%, with its market capitalization exceeding HK$450 billion, marking a record high.
