Wire flash
Hong Kong Hang Seng Index edges up 0.19%; semiconductor and gold stocks lead gains
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
On September 16, the Hong Kong Hang Seng Index closed up 0.19%, while the Hang Seng Tech Index rose 0.79%, according to a report by CLS. The semiconductor and optical communication sectors led gains, with Cambridge Industries Group surging over 10%, Shanghai Fudan rising more than 8%, Hua Hong Semiconductor climbing over 5%, and Innolight Technology increasing by more than 4%. Gold stocks also advanced broadly, with Lingbao Gold surging over 8%, Chifeng Gold jumping more than 7%, and Shandong Gold rising over 5%. In contrast, the pharmaceutical sector declined, with CStone Pharmaceuticals falling more than 12% and Ascletis Pharma dropping over 7%. The report attributes these movements to sector-specific strength in semiconductors and gold, while pharma faced headwinds.
Source report
Date: September 16
The Hong Kong Hang Seng Index closed 0.19% higher, while the Hang Seng Tech Index posted a stronger gain of 0.79%, according to a report by CLS.
Sector Highlights
Strong Performers
Semiconductor and Optical Communication
- Cambridge Industries Group: Up over 10%
- Shanghai Fudan: Rose more than 8%
- Hua Hong Semiconductor: Climbed over 5%
- Innolight Technology: Increased by more than 4%
Gold Stocks
- Lingbao Gold: Surged over 8%
- Chifeng Gold: Jumped more than 7%
- Shandong Gold: Rose over 5%
Declining Sector
Pharmaceutical
- CStone Pharmaceuticals: Fell more than 12%
- Ascletis Pharma: Dropped over 7%
Source
财联社Eastern
Part of this Story
Hong Kong stocks close higher as tech and optical sectors lead gains on September 16