Market Overview
The Hong Kong market finished lower on Sep 29. The Hang Seng Index (HSI) closed at 24,523.57, down 0.48%; the HSCEI ended at 8,178.81, down 0.46%; and the Hang Seng Tech Index closed at 4,249.62, down 1.08%. The HSCCI rose 0.43% to 4,057.26. Market turnover reached HKD 184.63 billion, indicating active trading.
Among large-cap tech names, several key constituents weakened, including Tencent, Xiaomi-W, Meituan-W, Li Auto-W, XPeng-W, and NIO-SW, while a small number such as BYD Electronic, Hua Hong Grace, JD Health, Sunny Optical, and NTES posted gains.
Media reports during the session highlighted individual company developments, including a capital increase completed by an ImmuneOnco unit, and a number of corporate and research headlines across global markets. Within Hong Kong, the strongest movers were concentrated in biotech, property, and selected small-cap names, while auto-related shares and some internet names were under pressure.
Sector Performance
Large-cap Tech Stocks
Large-cap tech stocks were mixed but overall weaker, with the Hang Seng Tech Index down 1.08%. Among tracked names, BYD Electronic rose 2.28%, Hua Hong Grace gained 1.33%, and JD Health added 1.41%, while BYD Company fell 2.51%, Xiaomi-W dropped 2.55%, and Li Auto-W declined 2.62%.
Top Performing Sectors
Advertising led with a gain of 7.36%.
Specialized Consumer Services rose 6.10%.
Consumer Electronics advanced 4.87%.
Bottom Performing Sectors
Automobile Manufacturers fell 3.82%.
Homebuilding declined 3.19%.
Oil & Gas Storage & Transportation dropped 2.89%.
Top 10 Gainers in Hong Kong Market Today
Stock Name | Ticker | Price (HKD) | Daily Change |
DEEPZERO | 02723 | 485.40 | 15.63% |
AKESO | 09926 | 106.30 | 15.54% |
CHINA VANKE | 02202 | 2.81 | 11.29% |
KINWONG | 03228 | 77.05 | 10.26% |
GREENTOWN CHINA | 03900 | 6.70 | 9.75% |
NEW GONOW RV | 00805 | 12.20 | 9.52% |
FAMEGLOW | 03774 | 27.68 | 9.41% |
DELTON | 01989 | 125.00 | 9.27% |
KEYMED BIO-B | 02162 | 79.60 | 8.82% |
EPIWORLD | 02726 | 89.95 | 8.18% |
Top 10 Losers in Hong Kong Market Today
Stock Name | Ticker | Price (HKD) | Daily Change |
SHEIN-W | 00625 | 31.50 | -10.71% |
DIAGENS-B | 02526 | 303.20 | -9.60% |
LIULIUMEI | 06658 | 171.50 | -9.31% |
RA MATERIALS | 09607 | 39.98 | -9.14% |
ABLE DIGITAL | 02687 | 256.40 | -7.50% |
GEELY AUTO | 00175 | 14.98 | -7.36% |
GEELY AUTO-R | 80175 | 12.80 | -7.18% |
SDMC | 00901 | 60.10 | -6.53% |
ROKAE ROBOTICS | 03752 | 50.25 | -5.37% |
MANYCORE TECH | 00068 | 7.11 | -5.27% |
Closing Summary
Sep 29 closed with a softer tone in Hong Kong. The HSI ended at 24,523.57, the HSCEI at 8,178.81, and the Hang Seng Tech Index at 4,249.62. Turnover was HKD 184.63 billion, showing active participation despite the weak index finish. The divergence between the HSCCI and the three main benchmarks suggests that some secondary names held up better than the broader market.
Large-cap tech shares were mostly under pressure. Tencent, Xiaomi-W, Meituan-W, Li Auto-W, XPeng-W, NIO-SW, and Baba-W all closed lower, while gains in BYD Electronic, Hua Hong Grace, JD Health, Sunny Optical, Horizon Robotics-W, and NTES were not enough to lift the sector. This aligns with the Hang Seng Tech Index decline of 1.08%.
Other notable movers were concentrated in biotech, property, and selected industrial names. On the gainers list, DEEPZERO, AKESO, CHINA VANKE, KINWONG, GREENTOWN CHINA, KEYMED BIO-B, and EPIWORLD all posted strong advances. On the losers list, SHEIN-W, DIAGENS-B, LIULIUMEI, RA MATERIALS, and ABLE DIGITAL fell sharply, alongside GEELY AUTO and GEELY AUTO-R.
Sector data showed strength in Advertising, Specialized Consumer Services, and Consumer Electronics, while Automobile Manufacturers, Homebuilding, and Oil & Gas Storage & Transportation lagged. Media reports within the Sep 29 window also highlighted company-specific activity such as ImmuneOnco Biopharmaceuticals reporting a completed capital increase for a unit, which is consistent with the day’s stronger biotech tone.
Sources: Public market data, summarized media reports
Disclaimer: This content is for reference only and does not constitute investment advice.