NewTimeSpace | Hong Kong Market Close: The Three Major Indices Showed Mixed Performance, with the Hang Seng Index Closing Up 0.30%, While Themes Such as Oil & Petrochemicals and Real Estate Investment Led the Gains

NewTimeSpace reported, on October 13, 2026, the three major Hong Kong indices showed mixed performance, with the Hang Seng Index up 0.30%, the Hang Seng TECH Index down 0.79%, and the Hang Seng China Enterprises Index up 0.08%. The full-day market turnover was 187.6 billion HKD, higher than that of the previous trading day. Southbound funds saw a net selling of 457 million HKD.

On the market, by industry. Themes such as oil & petrochemicals, real estate investment, and transportation led the gains. Themes such as semiconductors, chemicals, and consumer discretionary retail led the declines.

Of which, 62 constituent stocks of the Hang Seng Index rose and 31 fell. On the upside, SHENZHOU INTL rose 3.9%, PETROCHINA rose 3.7%, and SANDS CHINA LTD rose 3.4%. On the downside, HUA HONG GRACE fell 5.3%, LENOVO GROUP fell 3.8%, and JD-SW fell 3.3%.

Among the Hang Seng TECH Index constituents, 12 rose and 17 fell. On the downside, ILUVATAR COREX fell 3.5%, Z.AI fell 2.9%, and NETEASE fell 1.8%. On the upside, XIAOMI-W rose 2.1%, TENCENT MUSIC-SW rose 1.3%, and TRIP.COM-S rose 1.1%.

Among Hong Kong Stock Connect constituents, HIPINE rose 17.1%, CHINA EAST EDU rose 9.8%, and YUE YUEN IND rose 6.9%. On the downside, ABLE DIGITAL plunged 31.1%, LIULIUMEI plunged 27.5%, and XUNCE fell 16.4%.

Zheshang International Financial Holdings stated in its Hong Kong stock market outlook: Fundamentals: bottoming out and stabilizing, but domestic demand and financing demand still need further improvement. Policy: continued efforts provide support for economic growth. Liquidity: US inflation came in lower than expected, coupled with a weakening job market, and expectations for a wait-and-see stance in October monetary policy are rising. Sentiment: after a phase of correction, risk appetite has turned cautious, and the market may continue to see choppy and structural moves in the short term.

In terms of sector allocation, it favors innovative drugs and AI semiconductors, which have relatively high industry prosperity and are backed by industry trends and policy catalysts; at the same time, it pays attention to the state-owned and central enterprise dividend sectors with stable earnings and low valuations; against the backdrop of high overseas interest rates, telecommunications, utilities, and some high-dividend local financial stocks still hold defensive value. (Source: "Hong Kong Stock Market Strategy Weekly Report" by Zheshang International Financial Holdings, 20261012)