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<H Shrs>HSI Hypes Up 219 Pts on Settlement Date as BIDU Rallies 9%; Robot Concept Stocks Soar
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Hong Kong stock futures inclined on settlement date. The HSI added 219 points or 0.9% to close at 25,854. The HSCEI gained 99 points or 1.1% to close at 8,991. The HSTECH climbed 95 points or 1.7% to close at 5,578. Total market turnover for the day amounted to $199.769 billion. General GPU company ILUVATAR COREX (09903.HK) commenced its IPO today, aiming to raise up to approx. $3.677 billion. BIDU-SW (09888.HK) shot up 8.9% to $129.7 amid market anticipation surrounding BIDU-SW's Kunlun chip concept. Chip stock SMIC (00981.HK) leaped 4.2% after it acquired a 49% stake in SMNC for a final consideration of RMB40.6 billion. Its peer HUA HONG SEMI (01347.HK) mounted 3.9%. JD partnered with Unitree Robotics to open the first offline store tomorrow (31st). Robotics concept stocks were popular, with INNOSCIENCE (02577.HK) and SANHUA (02050.HK) rocketing 15.4% and 12.5%. JOHNSON ELEC H (00179.HK) ballooned 4.7%, while LENS (06613.HK) advanced 5.1%. DOBOT (02432.HK) proposed an IPO on the Shenzhen Stock Exchange, boosting its share price by 13.5%. Its peer UBTECH ROBOTICS (09880.HK) hyped up 8.3% after its chairman pledged not to reduce holdings within a year. AAStocks Financial News Website: www.aastocks.com |
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