NewTimeSpace | Hong Kong Market Close: The Three Major Indices Moved Mixed, with the Hang Seng Index Closing Up 0.45%, While Themes Such as Pharmaceuticals & Biologics and Automobiles & Parts Led the Gains

NewTimeSpace reported, on September 14, 2026, the three major Hong Kong indices moved mixed, with the Hang Seng Index up 0.45%, the Hang Seng TECH Index down slightly by 0.06%, and the Hang Seng China Enterprises Index up 0.46%. The full-day market turnover was 192.6 billion HKD, lower than that of the previous trading day. Southbound funds saw a net inflow of 4.471 billion HKD.

On the market, by industry. Themes such as pharmaceuticals & biologics, automobiles & parts, and banks led the gains. Themes such as semiconductors, hardware equipment, and coal led the declines.

Among the Hang Seng Index constituents, 50 rose and 44 fell. On the upside, HANSOH PHARMA rose 5.1%, WUXI APPTEC rose 4.8%, and WUXI BIO rose 4.6%. On the downside, LONGFOR GROUP fell 5.2%, and SMIC fell 2.9%.

Among the Hang Seng TECH Index constituents, 15 rose and 14 fell. On the upside, LEAPMOTOR rose 4.5%, NIO-SW rose 2.9%, and TENCENT MUSIC-SW rose 2.7%. On the downside, Z.AI fell 9.1%, MINIMAX-W fell 6.5%, and HUA HONG GRACE plunged 4.7%.

Among Hong Kong Stock Connect constituents, HQVT surged 29.7%, INNOCARE surged 14.6%, and ASYMCHEM surged 14.2%. CREALIGHTS plunged 20.3%, and DEEPZERO plunged 14.6%.

CGS pointed out that for Hong Kong stocks, the focus should be on whether the index can stop falling, stabilize on shrinking volume and see southbound funds resume sustained inflows, and suggested focusing on: (1) The technology sector. In terms of AI computing power and high-speed interconnection, the industrial logic of optical communications and computing power infrastructure has not been broken, and AI computing power infrastructure remains in a continuous upgrading cycle; attention is suggested on optical modules, optical fiber, PCB, high-speed copper connections, AI servers, etc.; in terms of AI infrastructure, attention is suggested on data centers, power equipment, backup power, gas/diesel power generation, power grids, etc. (2) Non-ferrous resources. The construction of AI data centers itself brings substantial copper demand, so "AI + copper" is not a purely cyclical trade. If the US dollar and US Treasury yields remain relatively strong while tech stocks remain under pressure, copper, gold and non-ferrous metals may still become a defensive-offensive direction for Hong Kong stock funds. (3) The pharmaceutical sector. Attention is suggested on overseas License-out, clinical data of innovative drugs, commercialization delivery, AI drug discovery, etc. (4) Oil shipping/energy. VLCC freight rates have previously hit historic highs; if geopolitical risks continue to escalate, the earnings elasticity of oil shipping companies may be further released, and attention is suggested on oil and gas upstream, oilfield services, oil shipping, etc. (Source: "Strategy Weekly: Expectations of a Fed Rate Hike Intensify—Where Is the Main Line of the Next Round of Hong Kong Stock Market Moves?" by CGS, 20260913)

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.