INNOSCIENCE Rises Approximately 7% Following Chairperson's Commitment to a 12-Month Voluntary Lock-Up
Stock Performance: INNOSCIENCE's share price increased by 6.98% to $66.65 after chairperson Luo Weiwei announced a lock-up undertaking for her 160 million shares, preventing any reduction in her holdings for 12 months.
Market Activity: The stock opened with a 5.46% gain and reached a high of $67.75, with a trading volume of 4.967 million shares amounting to $330 million.
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INNOSCIENCE Shares Surge Over 6% Following Supply Agreement with Google
Stock Performance: INNOSCIENCE (02577.HK) opened up 11.2% at HKD59.8 and is currently trading at HKD57.05, reflecting a 6.04% increase with a trading volume of 7.9764 million shares.
Short Selling Activity: The company has experienced short selling amounting to $36.42 million, with a short selling ratio of 9.923%.
Product Development: INNOSCIENCE has completed key design integration of its products into Google's AI hardware platforms.
Supply Agreement: The company has secured a compliant supply agreement related to its products.
HSI Rises by 44 Points; POP MART Jumps 6%; BIDU-SW Increases by 4%
Market Performance: The HSI closed up 44 points (0.17%) at 26,629, while the HSCEI fell 8 points (0.1%) to 9,114. The HSTECH rose 16 points (0.28%) to 5,762, with a total market turnover of HKD234.86 billion.
Chip Stocks Rally: Following a rally in memory chip stocks, ASMPT surged 6.3% to HKD108.2, while other chip makers like SMIC and HUA HONG SEMI also saw gains, reflecting positive sentiment in the sector.
Tech Stock Movements: BIDU-SW increased by 4.1% after JPMorgan raised its target price, while TENCENT and MEITUAN-W dipped slightly. BABA-W and JD-SW experienced modest gains.
Automotive and AI Stocks: BYD edged up 0.7%, while XPENG and SERES saw declines. AI stocks like UNISOUND and FOURTH PARADIGM dropped significantly, indicating volatility in the tech and automotive sectors.
HSI Declines 26 Points at Midday, While BIDU Rises Over 4% and ASMPT Jumps 6%
Market Performance: The HSI fell 0.1% to 26,558, while the HSCEI and HSTECH also experienced declines of 0.3% and 0.4%, respectively, with a total half-day turnover of $131.628 billion.
Chip Stocks Surge: External memory chip stocks saw significant gains, with Disco hitting the day limit and ASMPT rising 6%, while other chip stocks like HUA HONG SEMI and INNOSCIENCE also posted positive performances.
Tech Stock Movements: KINGDEE INT'L surged 3.2% on profit expectations, while BIDU-SW rose 4.2% after positive forecasts from JPMorgan; however, major players like TENCENT and MEITUAN-W saw slight declines.
Economic Indicators: China's unemployment rate remained stable at 5.1%, and the Loan Prime Rate for January 2026 was unchanged at 3.00%, aligning with forecasts.
INNOSCIENCE Rises Approximately 7% Following Chairperson's Commitment to a 12-Month Voluntary Lock-Up
Stock Performance: INNOSCIENCE's share price increased by 6.98% to $66.65 after chairperson Luo Weiwei announced a lock-up undertaking for her 160 million shares, preventing any reduction in her holdings for 12 months.
Market Activity: The stock opened with a 5.46% gain and reached a high of $67.75, with a trading volume of 4.967 million shares amounting to $330 million.
HSI Opens with a 22-Point Increase; KUAISHOU-W Surges Approximately 6%
US Military Action Impact: The US military action against Venezuela caused initial drops in international oil prices, which later rose during Asian trading hours.
Hong Kong Market Performance: The Hong Kong stock market opened higher, with the HSI up 22 points, while various tech stocks showed mixed performance, with some gaining and others declining.
Tech Sector Highlights: KUAISHOU-W and BABA-W saw significant gains, while companies like BIDU-SW and INNOSCIENCE experienced declines in their stock prices.
Investment and R&D Developments: SMIC received increased investment from the China Integrated Circuit Industry Investment Fund, and Xiaomi announced plans to invest heavily in R&D and set ambitious car delivery targets.
HSI Gains 219 Points on Settlement Day as BIDU Jumps 9%; Robot Concept Stocks Surge
Hong Kong Stock Market Performance: Hong Kong stock futures rose on settlement date, with the HSI increasing by 219 points (0.9%) to close at 25,854, while the HSCEI and HSTECH also saw gains of 1.1% and 1.7%, respectively, with total market turnover reaching $199.769 billion.
IPO Activity: ILUVATAR COREX (09903.HK) launched its IPO aiming to raise approximately $3.677 billion, indicating a strong interest in the market.
Chip Stocks Surge: BIDU-SW (09888.HK) and SMIC (00981.HK) experienced significant stock price increases of 8.9% and 4.2%, respectively, driven by market anticipation around new chip technologies and acquisitions.
Robotics Sector Growth: JD's partnership with Unitree Robotics led to a rise in robotics stocks, with INNOSCIENCE (02577.HK) and SANHUA (02050.HK) seeing substantial gains of 15.4% and 12.5%, respectively, reflecting growing investor interest in the sector.
INNOSCIENCE Shares Surge Over 6% Following Supply Agreement with Google
Stock Performance: INNOSCIENCE (02577.HK) opened up 11.2% at HKD59.8 and is currently trading at HKD57.05, reflecting a 6.04% increase with a trading volume of 7.9764 million shares.
Short Selling Activity: The company has experienced short selling amounting to $36.42 million, with a short selling ratio of 9.923%.
Product Development: INNOSCIENCE has completed key design integration of its products into Google's AI hardware platforms.
Supply Agreement: The company has secured a compliant supply agreement related to its products.
HSI Rises by 44 Points; POP MART Jumps 6%; BIDU-SW Increases by 4%
Market Performance: The HSI closed up 44 points (0.17%) at 26,629, while the HSCEI fell 8 points (0.1%) to 9,114. The HSTECH rose 16 points (0.28%) to 5,762, with a total market turnover of HKD234.86 billion.
Chip Stocks Rally: Following a rally in memory chip stocks, ASMPT surged 6.3% to HKD108.2, while other chip makers like SMIC and HUA HONG SEMI also saw gains, reflecting positive sentiment in the sector.
Tech Stock Movements: BIDU-SW increased by 4.1% after JPMorgan raised its target price, while TENCENT and MEITUAN-W dipped slightly. BABA-W and JD-SW experienced modest gains.
Automotive and AI Stocks: BYD edged up 0.7%, while XPENG and SERES saw declines. AI stocks like UNISOUND and FOURTH PARADIGM dropped significantly, indicating volatility in the tech and automotive sectors.
HSI Declines 26 Points at Midday, While BIDU Rises Over 4% and ASMPT Jumps 6%
Market Performance: The HSI fell 0.1% to 26,558, while the HSCEI and HSTECH also experienced declines of 0.3% and 0.4%, respectively, with a total half-day turnover of $131.628 billion.
Chip Stocks Surge: External memory chip stocks saw significant gains, with Disco hitting the day limit and ASMPT rising 6%, while other chip stocks like HUA HONG SEMI and INNOSCIENCE also posted positive performances.
Tech Stock Movements: KINGDEE INT'L surged 3.2% on profit expectations, while BIDU-SW rose 4.2% after positive forecasts from JPMorgan; however, major players like TENCENT and MEITUAN-W saw slight declines.
Economic Indicators: China's unemployment rate remained stable at 5.1%, and the Loan Prime Rate for January 2026 was unchanged at 3.00%, aligning with forecasts.
INNOSCIENCE Rises Approximately 7% Following Chairperson's Commitment to a 12-Month Voluntary Lock-Up
Stock Performance: INNOSCIENCE's share price increased by 6.98% to $66.65 after chairperson Luo Weiwei announced a lock-up undertaking for her 160 million shares, preventing any reduction in her holdings for 12 months.
Market Activity: The stock opened with a 5.46% gain and reached a high of $67.75, with a trading volume of 4.967 million shares amounting to $330 million.
HSI Opens with a 22-Point Increase; KUAISHOU-W Surges Approximately 6%
US Military Action Impact: The US military action against Venezuela caused initial drops in international oil prices, which later rose during Asian trading hours.
Hong Kong Market Performance: The Hong Kong stock market opened higher, with the HSI up 22 points, while various tech stocks showed mixed performance, with some gaining and others declining.
Tech Sector Highlights: KUAISHOU-W and BABA-W saw significant gains, while companies like BIDU-SW and INNOSCIENCE experienced declines in their stock prices.
Investment and R&D Developments: SMIC received increased investment from the China Integrated Circuit Industry Investment Fund, and Xiaomi announced plans to invest heavily in R&D and set ambitious car delivery targets.
HSI Gains 219 Points on Settlement Day as BIDU Jumps 9%; Robot Concept Stocks Surge
Hong Kong Stock Market Performance: Hong Kong stock futures rose on settlement date, with the HSI increasing by 219 points (0.9%) to close at 25,854, while the HSCEI and HSTECH also saw gains of 1.1% and 1.7%, respectively, with total market turnover reaching $199.769 billion.
IPO Activity: ILUVATAR COREX (09903.HK) launched its IPO aiming to raise approximately $3.677 billion, indicating a strong interest in the market.
Chip Stocks Surge: BIDU-SW (09888.HK) and SMIC (00981.HK) experienced significant stock price increases of 8.9% and 4.2%, respectively, driven by market anticipation around new chip technologies and acquisitions.
Robotics Sector Growth: JD's partnership with Unitree Robotics led to a rise in robotics stocks, with INNOSCIENCE (02577.HK) and SANHUA (02050.HK) seeing substantial gains of 15.4% and 12.5%, respectively, reflecting growing investor interest in the sector.
