Hong Kong Stock Afternoon Review|Hang Seng Index rose 2.07% in midday trading, chip stocks had the highest increase

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 2.07% to 508 points to 25070 points; the Hang Seng Technology Index rose 2.91%. Hong Kong stocks traded HK$165.7 billion in early trading.

Chip stocks had the highest gains. TSMC has recorded record profits for five consecutive quarters, and capital expenditure will increase dramatically over the next three years. Huahong Hongli (01347) rose 4.9%; SMIC (00981) rose 4.36%.

The personal version of Ali Token Plan was released, and the preview version of Qwen3.8-Max was launched simultaneously. Alibaba-W (09988) rose more than 5%.

Xunce (03317) rose more than 17% and reached a comprehensive strategic cooperation with Xinchen Kechuang to set a benchmark for token implementation in the fund industry.

YunZhisheng (09678) rose 9.7%, and Yunzhisheng brought the U-Model family and three major agent clusters to WAIC 2026.

Shandong Molong (00568) rose 11%, traffic volume in the Strait of Hormuz fell to zero, and Brent crude oil rose above 90 US dollars.

Changfei Optical Fiber Cable (06869) rose more than 7%, and the company predicts a sharp rise in demand for polarized optical fiber in the next year or two.

Yankuang Energy (01171) rose 10% to lead coal stocks, and coal chemical's profit elasticity was highlighted.

Dongyangyang Pharmaceutical (06887) increased by more than 11%, and its self-developed glycine insulin injection has been approved for sale in the US.

China Aluminum (02600) rose more than 4%, and the controlling shareholder China Alcoa Group and its co-actors plan to increase the company's shares by 1 billion yuan to 2 billion yuan.

The Korea Exchange triggered a sidecar fuse mechanism and suspended programmatic sell order trading for the Korea Composite Index. As the South doubled, Hynix (07709) rose by more than 19%, with transactions exceeding HK$7.3 billion.

Domestic bank stocks continued their recent rise. The funding level of broad-based ETFs has picked up significantly, and the banking sector is expected to fully benefit. Bank of Communications (03328) rose 3.5%; Bank of Agriculture (01288) rose 2.8%.

China Airlines (03931) once fell nearly 13% this morning and fell 7.95% in midday trading. The 177Ah lithium iron phosphate battery is mired in a quality dispute.