Today: 28 June 2026
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HKG:3690 6 November 2025 - 16 April 2026

Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut

Hong Kong Stock Market Today: Hang Seng Jumps 1.7% After China GDP Beat as Sigenergy Doubles on Debut

Hong Kong’s Hang Seng Index jumped 1.72% to 26,394.26 on Thursday after China’s first-quarter GDP beat forecasts. Tech and battery stocks led gains, with Alibaba up 5.6% and CATL up 9%. Sigenergy surged 103% on debut, raising HK$4.4 billion. Average daily turnover in Hong Kong rose 14% in the first quarter, while IPO fundraising soared 488% year-on-year.
Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

Hong Kong’s Hang Seng Tech Index fell 1.74% on Tuesday, hitting a multi-week low after a midday rumor about “tax recognition” for tech firms triggered heavy selling. Alibaba dropped over 2%, Tencent and Meituan lost more than 1% each, and Tongguan Gold slid more than 6%. The Hang Seng Index closed down 1.54%. No official confirmation of the rumored tax issue was released.
Wall Street Braces for Shutdown: Stocks Rally as Fed Cuts Loom – Tech & Defense in Focus

Hong Kong stocks today (Nov 6, 2025): Hang Seng jumps 2.1% as chips & commodities surge; Pony.ai and WeRide sink on Hong Kong debut

The Hang Seng Index closed up 2.12% at 26,485.9, with turnover near HK$234.7 billion. Semiconductors, metals, and large-cap internet stocks led gains. Two major robotaxi IPOs, Pony.ai and WeRide, dropped 9–10% on debut despite the broader market rally. China-related indices and tech shares outperformed.

Stock Market Today

  • Intel Shares Pull Back from $700 Billion Market Cap Amid Chip Sector Selloff
    June 28, 2026, 11:18 AM EDT. Intel (NASDAQ:INTC) shares fell 3.42% to $128.32 on Friday, retreating from a 52-week high of $141.45 and slipping below a $700 billion market capitalization target, closing at around $645 billion. The selloff in semiconductor stocks, including a 5.3% drop in the PHLX Semiconductor Index, reflects investor concerns over AI spending and profit margins. Intel traded approximately 587 million shares during the week, outpacing its short interest, indicating broader selling pressure rather than a short squeeze. Despite setbacks, Intel expects revenue growth in its foundry, packaging, and data center segments, guiding Q2 revenue between $13.8 billion and $14.8 billion. The company's financial performance and margin progress will be closely watched amid ongoing sector volatility.

Latest articles

Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

28 June 2026
Chrome’s 70.25% global browser share cements its role as Alphabet’s key gateway for AI features and ad revenue, with Q1 Search & other ads delivering $60.4 billion—about 55% of total revenue—while Google faces supply limits for Gemini AI and ongoing antitrust risks; shares last quoted at $337.39, down 2.0%.
Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

28 June 2026
Intel shares plunged 9.3% from Monday’s 52-week high, erasing $66 billion in market value and falling back below the $700 billion threshold as chip stocks tumbled on AI spending worries, with trading volume far outpacing short interest and sector profitability questions intensifying.
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