GMT EIGHT - Markets - HK Stock

HK Stock Market Move | Metallurgical Corporation of China (01618) rose more than 7%, institutions say the value of construction companies with abundant mineral resources urgently needs to be reassessed.

China Metallurgical Group Corporation (01618) rose by over 7%, as of the time of writing, it increased by 6.94% to 2.62 Hong Kong dollars, with a turnover of 2.71 billion Hong Kong dollars.

HK Stock Market Move | REMGEN(09995) rose by over 7% again, the ophthalmic innovative drug RC28 applied for listing. It has previously reached a cooperation agreement with CanSino Biologics.

Rong Chang Biology (09995) rose by over 7% again, as of the end of the reporting, it rose by 6.07% to HK$118.8, with a turnover of HK$476 million.

HK Stock Market Move | LAENA-B(02105) has risen by over 6% again, with a total increase of 36% over the past three trading days. The preliminary results of the LAE102 Phase I clinical MAD study are positive.

Kaiyao-B (02105) rose by over 6% again, with a cumulative increase of 36% in the past three trading days. As of the time of writing, it has risen by 6.11% to 17.55 Hong Kong dollars, with a turnover of 1.18 billion Hong Kong dollars.

HK Stock Market Move | BOYAA (00434) rose more than 4% during trading. Recently established a strategic partnership with New Fire Technology, will deepen its presence in the Web3 field.

Boya Interactive (00434) rose more than 4% during trading hours. As of the time of writing, it has risen by 3.52% to HKD 6.77, with a trading volume of HKD 12.4788 million.

HK Stock Market Move | Xinxin Mining (03833) rose by over 8% again, the company plans to list on the A-share market, owns four nickel-copper mines including Karatungk.

Xinjiang Xinxin Mining (03833) rose by more than 8% again, as of the time of the article, up 5.06% to 2.49 Hong Kong dollars, with a turnover of 31.548 million Hong Kong dollars.

HK Stock Market Move | UBTECH ROBOTICS (09880) continues to rise by over 6%, humanoid Siasun Robot & Automation orders and deliveries continue to be fulfilled, institutions raise the company's target price.

UBS (09880) rose more than 6% again, reaching a high of 151.8 Hong Kong dollars, the highest since July of last year. As of the time of reporting, it rose by 6.01%, closing at 149.9 Hong Kong dollars, with a trading volume of 1.158 billion Hong Kong dollars.

HK Stock Market Move | SHANGSHAN GOLD (01939) rose over 18% in intraday trading and plans to raise nearly HK$250 million through a rights issue to establish a flagship store for global direct sales of smart terminals.

The stock of Shandong Gold (01939) rose more than 18% in midday trading, and as of the press time, it is up 4.91%, trading at HK$8.55 with a total turnover of HK$621.98 million.

HK Stock Market Move | INNOCARE (09969) rose by more than 6%. Tanzeum's monoclonal antibody was the first batch of prescriptions implemented in multiple provinces and cities nationwide.

Greencross Health (09969) rose by over 6%, as of the time of writing, it rose by 6.55%, trading at 18.87 Hong Kong dollars, with a turnover of 1.15 billion Hong Kong dollars.

HK Stock Market Move | ZG GROUP-W (06676) surged over 14% and plans to repurchase shares in the open market.

The W Group (06676) surged over 14%, as of the time of writing, it rose 13.7% to 2.49 Hong Kong dollars, with a turnover of 4.9525 million Hong Kong dollars.

HK Stock Market Move | BRAINAURORA-B(06681) surged over 14% as the brain-machine interface industry receives policy support. The company's cognitive impairment digital therapy product has a first-mover advantage.

Brain Movement Aurora-B (06681) surged more than 14%, rising 14.08% to HK$8.5 at the time of writing, with a trading volume of HK$3.11 billion.

HK Stock Market Move | Lithium battery stocks continue to rise. Yichun, a company involved in lithium mining, has completed the verification report for changing the mineral reserves. Domestic demand for energy storage battery cells is strong.

Lithium battery stocks continue to rise, as of the time of writing, Ganfeng Lithium (01772) is up 6.7% to 42.36 Hong Kong dollars; Tianqi Lithium (09696) is up 5.49% to 44.94 Hong Kong dollars; CATL (03750) is up 3.38% to 565.5 Hong Kong dollars; and Gotion High-Tech (03931) is up 3.4% to 34.7 Hong Kong dollars.

HK Stock Market Move | Oil stocks are generally under pressure, OPEC+ may plan to increase production again, international oil prices fell sharply on Monday.

Oil stocks are generally under pressure. As of the time of publication, PetroChina (00857) fell by 2.47% to 7.1 Hong Kong dollars; CNOOC (02883) fell by 1.93% to 6.6 Hong Kong dollars; and CNOOC (00883) fell by 1.71% to 18.95 Hong Kong dollars.

HK Stock Market Move | YSB (09885) rose more than 9% intraday, the company's high gross profit business accelerated growth, POCT devices will continue to be accelerated in the second half of the year.

Pharmacist Association (09885) rose more than 9% during trading, as of the time of drafting, it was up 9.12% to HK$10.55 with a trading volume of HK$320 million.

HK Stock Market Move | JOHNSON ELECTRIC (00179) fell more than 6% once, with Citibank indicating limited upside potential in its stock price.

Dechang Electric Motor Holdings (00179) once fell more than 6%, as of the time of publication, it fell 4.98% to HK$41.6, with a turnover of HK$193 million.

HK Stock Market Move | Chip stocks continue recent gains, SMIC and Hua Hong Semiconductor hit record highs, institutions say domestic AI has achieved full industry chain connectivity.

Chip stocks continued their recent upward trend. As of the time of writing, Hua Hong Semiconductor (01347) rose by 5.48% to 76.05 Hong Kong dollars; SMIC (00981) rose by 3.73% to 79.35 Hong Kong dollars; Shanghai Fudan (01385) rose by 3.28% to 44.14 Hong Kong dollars; Jianguang Semiconductor (02878) rose by 1.72% to 0.59 Hong Kong dollars.

HK Stock Market Move | MMG (01208) rose over 5%, planning to issue $500 million zero-coupon convertible bonds maturing in 2030 for overseas debt refinancing.

Minmetals Resources (01208) surged more than 5%, as of the time of writing, it rose by 5.13% to 6.57 Hong Kong dollars, with a trading volume of 750 million Hong Kong dollars.

HK Stock Market Move | Minimally invasive collective rise MICROPORT announced the restructuring of its cardiac rhythm management business to create a comprehensive solution platform for heart disease.

Minimally invasive series collectively rose. As of the time of writing, Minimally Invasive Medical (00853) rose by 8.47% to 14.21 Hong Kong dollars; Mindray Medical-B (02160) rose by 4.55% to 1.38 Hong Kong dollars; Minimally Invasive Robotics-B (02252) rose by 4.28% to 28.26 Hong Kong dollars; Minimally Invasive Brain Science (02172) rose by 2.88% to 12.52 Hong Kong dollars.

HK Stock Market Move | Gold stocks are generally rising. Interest rate cuts and risk aversion have pushed gold prices to record highs. Spot gold has broken through $3840.

Golden stock prices continued their recent rise at the beginning of trading. As of the time of publication, Zijin Mining International (02259) increased by 58.54% to 113.5 Hong Kong dollars, while Datang Gold (08299) rose by 10.42% to 0.53 Hong Kong dollars.

HK Stock Market Move | IDREAMSKY(01119) surged over 6% in early trading, planning to issue a total of 236 million shares. The net proceeds will be used for operating and promoting game products.

Chuangmengtianti (01119) rose more than 6% in early trading, up 5.71% as of the time of writing, to HK$1.11, with a trading volume of HK$5.4774 million.

HK Stock Market Move | Most concept stocks related to AI are rising. The cost of DeepSeek's new model has dropped by more than 50%. Institutional investors are optimistic about the upcoming commercialization turning point for AI applications.

Most AI concept stocks rose in the morning session. As of press time, Weimeng Technology (01860) was up 4.47% at HK$19.88; Mai Fushi (02556) was up 4.33% at HK$51.35; and Innovation Qizhi (02121) was up 3.65% at HK$7.95.

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