Hong Kong Stock Mid-Review | Hang Seng Index fell 0.49% in the morning session, Apple concept stocks collectively declined

Zhitong
2025.05.19 04:03
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The Hong Kong Hang Seng Index fell 0.49% in the morning session, with Apple concept stocks collectively declining, and WWDC may not discuss much about Siri upgrades. NVIDIA's CEO stated that they will reassess their strategy for the Chinese market, while semiconductor stocks rose against the trend. Several companies, such as Hua Hong, SMIC, and VOBILE GROUP, saw their stock prices increase. Alibaba continued to decline due to revenue falling short of expectations, and its AI collaboration plan with Apple is under review by the United States

According to the Zhitong Finance APP, the Hong Kong Hang Seng Index fell by 0.49%, down 114 points; the Hang Seng Tech Index dropped by 1.03%. The turnover of Hong Kong stocks in the morning session was HKD 105.5 billion.

NVIDIA CEO Jensen Huang stated that due to U.S. government restrictions on the export of the Hopper architecture's H20 chips to China, the company is re-evaluating its market strategy in China, and will not launch the Hopper series chips in the future. Semiconductor stocks rose against the trend, with Hua Hong Semiconductor (01347) up over 4%, and SMIC (00981) up over 1.8%.

VOBILE GROUP (03738) rose over 4% as the "Digital China Construction 2025 Action Plan" was released, and the company is laying out services in the AI field.

Sihuan Pharmaceutical (00460) rose over 16%, as two indications of its Pirfenidone tablets received drug registration approval.

Xiansheng Pharmaceutical (02096) rose over 7%, as the resurgence of COVID-19 has drawn attention, with Xianuoxin being the first domestically approved oral drug for COVID-19.

Crown Bioscience-B (09966) rose over 6% again, collaborating with CSPC to develop KN026, which has reached the primary endpoint of PFS.

Superstar Legend (06683) rose over 12% again, as "Journey to the West 3" premiered with great success, and the company's IP business revenue contribution has surpassed that of its new retail business for the first time.

Guming (01364) rose over 3%, as it was included in the Hang Seng Composite Index, with CICC optimistic about its same-store sales growth maintaining a high year-on-year level in the second quarter.

Aime Vaccine (06660) rose over 9%, as both the U.S. and China have approved the clinical trials for the iterative mRNA shingles vaccine.

Apple concept stocks collectively fell, as WWDC may not discuss much about Siri upgrades. Gao Wei Electronics (01415) fell by 3.89%; Sunny Optical (02382) fell by 3.95%; Qiu Tai Technology (01478) fell by 2.8%; BYD Electronics (00285) fell by 1.7%.

Alibaba-W (09988) continued to fall over 4%, as its fourth fiscal quarter revenue fell short of expectations, and reports indicated that its AI collaboration plan with Apple is under U.S. review

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