Hong Kong Stock Midday Review | Hang Seng Index fell 0.18% in the morning session, INNOSCIENCE surged 30%

Zhitong
2025.08.01 04:05
portai
I'm PortAI, I can summarize articles.

The Hong Kong Hang Seng Index fell 0.18% in the morning session, reporting 24,727 points, while the Hang Seng Tech Index dropped 0.12%. INNOSCIENCE surged over 30%, becoming the only Chinese chip manufacturer selected for NVIDIA's 800V architecture. The photovoltaic sector performed strongly, with several companies' stock prices rising. Le Dao L90 was listed, and both Nio-SW and ZTO Express-W rose over 9%. Kintor Pharmaceutical-B plummeted over 16%

According to Zhitong Finance APP, the Hong Kong Hang Seng Index fell 0.18%, down 45 points, closing at 24,727 points; the Hang Seng Tech Index dropped 0.12%. The turnover of Hong Kong stocks in the morning session was HKD 119.8 billion.

NVIDIA's latest list of 800V architecture suppliers includes INNOSCIENCE as the only selected chip manufacturer from China. INNOSCIENCE (02577) rose over 30%.

The Ministry of Industry and Information Technology issued a special energy-saving inspection task list for the polysilicon industry, boosting the photovoltaic sector. CAISSE New Energy (01108) rose over 5%; Flat Glass Group (06865) rose over 4%; Xinte Energy (01799) rose 2.4%; GCL-Poly Energy (03800) rose 0.85%.

The Ledo L90 was launched, and Nio-SW (09866) rose over 9%.

ZTO Express-W (02057) rose over 9%, as the State Post Bureau addresses "involution" competition in the express delivery sector.

CSPC Pharmaceutical Group (01093) rose over 6%, having previously announced securing over USD 2 billion in overseas business development transactions.

Ruihe Smart (03680) rose over 10% after a profit warning, expecting a net profit of up to HKD 44 million in the first half of the year, achieving a turnaround from losses year-on-year.

Inspur Digital Enterprise (00596) rose nearly 6%, breaking new highs again, expecting a maximum net profit of HKD 190 million in the first half of the year, backed by Inspur Group.

Xie Rui (02507) rose over 4%, with its stock price hitting a new high since listing, as institutions predict rapid development in the private aviation market.

Qiniu Intelligent (02567) rose over 8%, with Qiniu Intelligent's AI large model user count surpassing 10,000, marking a new milestone in the company's AI strategy.

Tsugami Machine Tool China (01651) rose over 5%, with the Japanese Tsugami's China division reporting a 38.1% year-on-year increase in profit for the first quarter.

Superstar Legend (06683) rose over 6% again, having reached a strategic cooperation with Yushu Technology to create strong IP attribute consumer-grade robotic products.

Melco International Development (00200) fell over 4%, with its subsidiary Melco Resorts' net income in the second quarter dropping nearly 20% year-on-year.

Kintor Pharmaceutical-B (09939) plummeted over 16%, as the company plans to discount 18.75% for the placement of shares, netting approximately HKD 40.34 million

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.