STOCKS | Hong Kong Stocks Show Mixed Performance Amid Volatility

On May 19, according to Jin10, the Hang Seng Index (HSI) opened nearly flat after three consecutive days of decline, showing mixed performance throughout the morning session. The index rose by over 200 points at its peak. By midday, the HSI had increased by 0.39% to 25,774.47 points, while the Hang Seng Tech Index fell by 0.11% to 4,839.53 points. The total market turnover for the HSI reached HKD 145.186 billion. In terms of sector performance, mobile gaming stocks led the gains, while the AI application sector experienced a volatile session with gains and losses. The semiconductor sector saw several stocks consolidating with notable declines, and the non-ferrous metals and lithium battery sectors showed weakness. Among individual stocks, Tencent Music (01698.HK) rose by 4.96%, Bilibili (09626.HK) increased by 3.78%, and Baidu (09888.HK) gained 1.19% following its earnings report. In contrast, Innoscience Technology (02577.HK) fell by 7.98%, Ganfeng Lithium (01772.HK) dropped by 4.88%, and Zijin Mining (02899.HK) decreased by 3.25%.