Hong Kong Stock Midday Review | Hang Seng Index rose 0.17% in the morning session, with the semiconductor sector leading the market
Zhitong·- The Hang Seng Index rose 0.17% to 19,556 points, while the Hang Seng Tech Index increased by 1.26%. - The domestic AI chip market is estimated at around $30 billion, boosting demand for local chip manufacturers, with notable gains in semiconductor stocks. - Gold stocks also saw an uptick, driven by renewed interest in interest rate cuts, with predictions of gold prices potentially exceeding $3,000 per ounce this year.