Broadline Retail

Secoo Holding Limited

Akanda

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

Agape ATP

Co-Diagnostics

Netcapital

Tradr 2X Long QBTS Daily ETF

NewGenIvf

Defiance Daily Target 2X Long RGTI ETF

Tradr 2X Long RGTI Daily ETF

Liminatus Pharma

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As HK stocks closed on May 20, the broader market trended weaker amid soaring global long-term bond yields and developments among tech giants. The three major indices showed divergent performance, with the Hang Seng Tech Index bucking the trend to edge up 0.34%. On the trading floor, the semiconductor sector exploded collectively under multiple positive catalysts, with SMIC recording over HK$18.8 billion in turnover, while HUA HONG SEMI and GigaDevice both posted double-digit gains. Additionally, Alibaba's release of its self-developed AI chip spurred activity in computing power concepts, whereas gold resource stocks and certain tech majority stake stocks generally pulled back under pressure from the high-interest-rate environment

Market Pulse

HUA HONG SEMI

GIGADEVICE

SMIC

TENCENT

BABA-W

MONTAGE TECH

ZIJIN MINING

ZIJIN GOLD INTL

KUAISHOU-W

BILIBILI-W

SICC

Micron Tech

Intel

JPMorgan Chase

NVIDIA

KB LAMINATES

LENOVO GROUP

SH ELECTRIC

OpenAI

Alphabet

LAOPU GOLD

BYD COMPANY

ZTO EXPRESS-W

TOPNC

HAICHANG HLDG

51WORLD

TRACKER FUND

HSCEI ETF

CSOP HS TECH

XL2CSOPHYNIX

XIAOMI-W

SMIC HK SDR 5to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Hua Hong

Montage Technology

Zijin Mining

KUAISHOU-WR

Bilibili

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

NVIDIA Corporation

LENOVO GROUP-R

Lenovo Group

Shanghai Electric

Alphabet - C

Laopu Gld HK SDR 50to1

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

ZTO Express

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

HK Stocks Close | Major Indices Diverge, Semiconductor Sector Surges, GigaDevice Jumps Nearly 17%

China's largest convenience store chain, Meiyijia, is entering Vietnam's competitive retail market with three Ohmee outlets launched in Hanoi. Analysts warn that without a localized strategy, Meiyijia may struggle against established players like WinCommerce and GS25, which have built strong networks and consumer loyalty. Vietnam's youthful, urbanizing population presents opportunities, but Meiyijia must adapt its model to succeed, focusing on affordable essentials rather than fresh food, while leveraging the growing influence of Chinese culture.

vnexpress

China retail giant Meiyijia has task cut out in Vietnam’s competitive retail market

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During intraday trading on May 18, Hong Kong stocks opened lower and continued to decline due to escalating geopolitical tensions and a sharp drop in US stocks overnight, with the Hang Seng Tech Index plunging over 2%. Declining domestic macro consumption data put pressure on automotive consumption expectations, leading to a severe slump in the new energy vehicle sector, with Li Auto plummeting over 11%; large-cap tech stocks and real estate shares generally weakened. On the other hand, driven by rising prosperity in the industrial chain and expectations from overseas tech conferences, semiconductor stocks and AI application concept stocks bucked the trend, with GigaDevice surging nearly 10% and 51World soaring over 17%

- The Hong Kong stock market experienced a decline, with the Hang Seng Index dropping 1.52% to 25,567.79 points.  
- Major electric vehicle stocks, like Li Auto, fell significantly, while the semiconductor sector showed resilience, with stocks like Zhaoyi Innovation rising nearly 10%.  
- Macroeconomic data indicated a slowdown in retail sales, raising concerns over recovery prospects, while geopolitical tensions affected overall market sentiment.

LI AUTO-W

Hong Kong Stocks Intraday: Three Major Indices Continue to Weaken, New Energy Vehicles Suffer Heavy Losses, Semiconductors and AI Concepts Buck the Trend

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On the morning of May 15th, affected by the general pullback of Chinese concept stocks overnight, the three major indices of the Hong Kong stock market collectively declined, with the Hang Seng Tech Index falling over 1.6%. The market showed a sharp divergence: Semiconductor Manufacturing International Corporation attracted capital against the trend due to its better-than-expected first-quarter performance and strong second-quarter guidance, maintaining its position at the top of the trading volume list; however, third-generation semiconductor stocks saw significant declines. Meanwhile, influenced by the better-than-expected U.S. PPI data and rising interest rate expectations, the strong U.S. dollar continued to suppress commodity pricing, leading to a collective pullback in gold and resource stocks; large-cap tech stocks exhibited mixed performance

Title: Hong Kong Stock Market Intraday | Three Major Indices Fluctuate Lower, SMIC Rises Against the Trend After Earnings, Gold and Resource Stocks Plunge Collectively

SECOY

CLOU

LRNZ

As global markets rally due to strong corporate earnings and U.S. labor data, technology stocks, especially in AI infrastructure, are key growth drivers. Notable high-growth tech companies include Seco, which reported a 7.67% sales increase and aims for profitability within three years, 2CRSI with a 25.8% revenue growth and a focus on AI server technologies, and Vitalhub, which saw a 58% revenue increase and significant R&D investments in healthcare tech. These companies exemplify resilience and innovation in a dynamic market.

Simplywall

Global X Cloud Computing ETF

TrueShares Tech AI & Deep Learning ETF

Chemours

Exploring High Growth Tech Stocks This May 2026

Mediobanca analyst Marco Vitale has maintained a Hold rating on Secoo Holding (SECOY) with a price target of €3.50. Despite this, the analyst consensus is a Moderate Buy with an average price target of $4.16. Vitale has a 10.3% average return and a 64.71% success rate as a 3-star analyst according to TipRanks.

Tip Ranks

Mediobanca Remains a Hold on Secoo Holding (SECOY)