On July 16, Hong Kong stocks secured a five-day winning streak, while the LLM supply chain exhibited severe divergence. Internet giants collectively rallied, led by Kuaishou, Meituan, and Alibaba. The embodied AI and application sectors were highly active, with Marketingforce skyrocketing over 30%, and Xiaomi and XPeng posting strong gains on edge AI and robotics developments; conversely, ZHIPU AI faced a sharp correction, dropping 9.3%. On the industry front, edge-side deployment and commercialization by major tech firms accelerated: Alibaba's Qwen confirmed its full integration into China's Apple Intelligence, while its Qoder product dominated IDC's China AI coding market report with a 47.6% share. Meanwhile, Tencent's Hunyuan Hy3 saw its API call volume surge 68-fold in its first week, topping the global OpenRouter leaderboard.
NewTimeSpace (newtimespace.com) reported that on July 16, 2026, the semiconductor theme in Hong Kong stocks fluctuated weaker, while SMIC (00981.HK) edged slightly higher. As of 13:30, the stock was quoted at HKD 76.450, up a marginal 0.20%.
NewTimeSpace (newtimespace.com) reported that on July 16, 2026, the humanoid robot theme fluctuated, with UBTECH (09880.HK) strengthening in choppy trading. As of 13:10, the stock was quoted at HKD 88.450, up 3.15%.
NewTimeSpace (newtimespace.com) News, On July 16, 2026, Hong Kong stock AI-related themes strengthened. As of 10:46, Penghua CSI HK Equities Information Technology Integration ETF (159185) increased by 1.06%, with the latest price standing at RMB 1.15.Looking at a longer timeframe, as of July 15, 2026, Penghua CSI HK Equities Information Technology Integration ETF achieved a cumulative gain of 12.95% over the past three months. In terms of scale, the fund size of Penghua CSI HK Equities Information Technology Integration ETF grew by RMB 37.7396 million over the past month. In terms of fund shares, its total shares increased by 24 million units over the past two weeks, achieving significant growth.
NewTimeSpace (newtimespace.com) News, On July 16, 2026, the majority of large model concept themes strengthened. As of 10:01, China Merchants SSE HK Equities ETF (513990) rose 0.91%, aiming for a 3-day consecutive gain, with the latest price standing at RMB 1.1. Looking at a longer timeframe, as of July 15, 2026, China Merchants SSE HK Equities ETF achieved a cumulative gain of 7.47% since the beginning of July.
On July 15, Hong Kong equities closed higher, with the LLM sector staging a powerful rebound. Spurred by a sharp drop in Fed rate-hike expectations following a cooler-than-expected US June CPI, the domestic large model "duopoly" surged, with MiniMax gaining over 13% and ZHIPU AI rising more than 6%. On the infrastructure front, WAIC 2026 is set to open with record-breaking exhibition scales, where AI intelligent computing and embodied AI stand out as core focus areas with over 200 exhibitors each; meanwhile, ZHIPU AI established a wholly owned application research institute in Hangzhou. In edge AI developments, Apple is reportedly in talks with PrismML to deploy highly compressed large models natively on iPhones, aiming to deliver low-latency, offline capabilities while securing its signature privacy framework.
On July 15, 2026, the Korea and liquor sectors rebounded sharply in the HK shares ETF market. The Xtrackers MSCI Korea UCITS ETF (2848.HK) rose 8.60%, while the E Fund (HK) CSI Liquor Index ETF (3189.HK) gained 6.25%; the Global X China Little Giant ETF (2815.HK) fell 3.66%, with STAR 50 and 5G ETFs generally declining over 2.5%. NewTimeSpace monitoring shows that the rotational pattern of strong rebound in Korea and liquor and continued pressure on China technology was pronounced.
On July 15, 2026, the alcoholic drink and biopharma sectors led the Shanghai-Shenzhen Stock Connect ETF market. The Penghua CSI Alcoholic Drink Index ETF (512690.SH) rose 5.05%, while the Tianhong CNI BIOMEDICINE ETF (159859.SZ) gained 4.68%; the ChinaAMC China Science And Technology Innovation Board Semiconductor Material Equipment Theme ETF (588170.SH) fell 7.65%, with semiconductor equipment and chip ETFs generally declining over 5.9%. NewTimeSpace monitoring shows that the extreme rotational pattern of strength in the consumer sector and sustained heavy losses in semiconductors was pronounced.
NewTimeSpace (newtimespace.com) reported that Hong Kong semiconductor‑related themes experienced a volatile pullback, with HUA HONG GRACE (01347.HK) weakening. As of 13:27, the stock was quoted at HKD 168.100, down 1.98%.
NewTimeSpace (newtimespace.com) reported that on July 15, 2026, the robotics theme in Hong Kong stocks fluctuated lower, while Midea Group (00300.HK) rose in volatile trading. As of 13:13, the stock was quoted at HKD 92.300, up 3.07%.
NewTimeSpace (newtimespace.com) News, On July 15, 2026, Hong Kong-listed AI agent concept stocks rallied collectively, with stocks such as MINIMAX-W (0100.HK), Zhipu (2513.HK), and Mininglamp Technology (2718.HK) delivering stellar performances. As of 10:20, MINIMAX-W (0100.HK) was quoted at HK$257.000, leading the gains among a crowd of large model concept stocks with an 11.74% surge.
NewTimeSpace (newtimespace.com) News, On July 15, 2026, As of 09:58, GF CSI HK Equities Information Technology Integration ETF (520710) rose 0.86%, with the latest price standing at RMB 0.94.Wind data shows that in terms of scale, the fund size ofGF CSI HK Equities Information Technology Integration ETF grew by RMB 14.3504 million over the past week, achieving significant growth. In terms of fund shares, its total shares increased by 17.0000 million units over the past week, also representing significant growth.
On July 14, Hong Kong equities closed slightly higher amid volatility, with the AI and semiconductor supply chains diverging. Compute hardware stocks staged a strong rebound—led by Kingboard Laminates surging over 14%—validated by robust H1 earnings previews from core PCB manufacturers indicating a sector recovery. Among LLM stocks, XUNCE gained nearly 8% while Baidu tumbled 7%. In industry developments, edge AI saw a landmark breakthrough as StepFun officially launched its AI terminal brand STEPX and its first native agentic smartphone, STEP Neo. Cloud giants continue ecosystem integration, with AWS announcing the general availability of OpenAI's GPT-5.6 series (Sol/Terra/Luna) on Amazon Bedrock. Additionally, XUNCE signed a strategic MoU with Europe's Lutech to deploy its TokenOS overseas.
NewTimeSpace (newtimespace.com) reported that on July 14, 2026, the chip theme fluctuated during the afternoon session, with ASMPT(00522.HK) showing choppy price action. As of 13:27, the stock was quoted at HKD 184.400, down 0.54%.
NewTimeSpace (newtimespace.com) reported that on July 14, 2026, the humanoid robot theme staged a strong rebound at the afternoon opening, with Xiaomi-W (01810.HK) showing fluctuating price action. As of 13:10, the stock was quoted at HKD 25.820, down a marginal 0.08%.
news from the official WeChat account of the China Industrial Control Systems Cyber Emergency Response Team (CICS-CERT) showed that the Co-Construction Action for Large Model Safety Evaluation Benchmarks has been officially launched.It is understood that CICS-CERT, relying on its technical accumulation and practical experience in the field of large model safety evaluation, is constructing a large model safety evaluation benchmark. It has now begun recruiting co-construction partners for the benchmark to build a systematic, multi-dimensional artificial intelligence safety evaluation system.
