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<H Shrs>HSI Rallies 219 pts at Close; LENOVO GROUP Surges ~20%, KNOWLEDGE ATLAS Leaps 27%
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The HSI finished at 25,606 today (22nd), up 219 points or 0.86%, with total turnover at HKD281.298 billion. The HSTECH closed at 4,869, up 100 points or 2.11%, while the HSCEI settled at 8,550, up 75 points or 0.89%. Among blue chips, LENOVO GROUP (00992.HK) posted quarterly net profit spike of nearly 4.8x and set a target to reach annual revenue of USD100 billion within two years. Its shares jumped up 19.77% to HKD15.75, making it the best-performing blue chip of the day. SUNNY OPTICAL (02382.HK) swelled 6.78%, and SMIC (00981.HK) shot up 7.61%. HAIDILAO (06862.HK) was the worst-performing blue chip, closing at HKD12.92, down 4.3%. Major techs jumbled. NTES-S (09999.HK) reported quarterly results beat, prompting multiple brokers to raise their TPs. The stock closed up 5.71%. TENCENT (00700.HK) and BABA-W (09988.HK) edged up less than 1%. BIDU-SW (09888.HK) gained 1.34%. Hang Seng Indexes Company will unveil its quarterly review results after market close. KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK) are reportedly expected to be included in the HSTECH. They leapfrogged 26.93% and 15.91%, respectively, while XUNCE (03317.HK) soared 6.44%. China's National Development and Reform Commission is planning supportive policies to accelerate AI commercialization. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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