NewTimeSpace (newtimespace.com) News, On July 6, 2026, ChinaAMC CSI HK Equities Information Technology Integration ETF (526000) weakened with volatility. As of 10:10, the fund fell 1.88%, with the latest price standing at RMB 1.25.the fund size of ChinaAMC CSI HK Equities Information Technology Integration ETF grew by RMB 18.0887 million over the past two weeks, achieving significant growth, with the incremental scale ranking 2nd out of 9 comparable funds. In terms of fund shares, the total shares of ChinaAMC CSI HK Equities Information Technology Integration ETF increased by 21.0000 million units over the past two weeks, achieving significant growth, with the incremental shares ranking 3rd out of 9 comparable funds.
Hong Kong stocks experienced a volatile week, with the LLM sector exhibiting extreme divergence. XUNCE, Baidu, and Meituan led the gains, bolstered by strategic partnerships, subsidiary IPO prospects, and flagship product launches. Conversely, MiniMax and KNOWLEDGE ATLAS suffered heavy weekly losses, dragged down by lock-up anxieties and a global tech sell-off triggered by Meta's plans to lease surplus AI compute. Landmark industry shifts emerged: globally, the AI capital cycle is pivoting toward refined operational efficiency, while OpenAI launched its GPT-5.6 series under restricted access. Domestically, Kuaishou's Kling AI secured a record-breaking USD 3 billion funding, Meituan open-sourced its trillion-parameter LongCat-2.0 model trained entirely on domestic chips, and SAMR introduced seven national AI agent standards, collectively accelerating the commercialization and compliant deployment of foundational models.
On July 3, Hong Kong equities trended higher, with the HSI advancing 1.28%. Driven by Unitree Robotics' record-breaking STAR Market IPO approval, robotics concept stocks erupted, propelling Horizon Robotics and Estun Automation significantly higher. AI applications diverged, and the semiconductor sector corrected, while KNOWLEDGE ATLAS gained 2.2%. In major capital developments, global AI is signaling a shift toward operational efficiency as Meta plans to lease surplus AI computing and Anthropic negotiates custom chips with Samsung. Domestically, Kuaishou's Kling AI raised up to USD 3 billion at a USD 18 billion valuation—setting a global financing record for video models—while XUNCE launched a concurrent convertible bond and H-share placement to raise HKD 2.35 billion.
NewTimeSpace (newtimespace.com) reported that on July 3, 2026, the chip theme rebounded in trading, while SMIC (00981.HK) fluctuated lower. As of 14:02, the stock was quoted at HKD 78.200, down 2.74%.
In July 2026, CSC Financial covered Mininglamp Technology for the first time and granted it a "Buy" rating. The firm believes that the company is at a critical period of strategic transformation from traditional data intelligence to Agentic AI, and that its new business, Agentic Services, delivered high growth immediately upon its launch in the second half of last year.
NewTimeSpace (newtimespace.com) reported that on July 3, 2026, the robotics theme continued to strengthen, with UBTECH (09880.HK) rising sharply. As of 13:37, the stock was quoted at HKD 105.400, up 13.82%.
NewTimeSpace (newtimespace.com) News, On July 3, 2026, Hong Kong tech-themed stocks continued to surge, with most large model concept stocks gaining momentum. Wanjia Hang Seng Internet Technology Industry ETF (159202) continued its upward trend in the morning session, rising 1.57% as of 10:30, aiming for a 5-day consecutive gain.
On July 2, Hong Kong stock indices diverged. Triggered by overnight plunges in US chip stocks and anxieties over Meta's surplus AI capacity sales, the semiconductor and LLM supply chains suffered heavy losses, with KNOWLEDGE ATLAS and MiniMax dropping over 14% and SMIC tumbling 10%. In macro and corporate milestones, the 2026 Global Digital Economy Conference opened in Beijing; AWS invested USD 1 billion in a dedicated AI division deploying thousands of onsite engineers for enterprise deployment; and Baidu appointed MOSS architect Sun Tianxiang as head of its Basic Model Unit to fortify its foundational AI infrastructure.
NewTimeSpace (newtimespace.com) reported that on July 2, 2026, the semiconductor theme in Hong Kong stocks continued to decline in the afternoon, with HUA HONG GRACE (01347.HK) falling sharply. As of 13:42, the stock was quoted at HKD 186.500, down 13.34%.
NewTimeSpace (newtimespace.com) reported that on July 2, 2026, the robotics theme strengthened with volatile trading, and Midea Group (00300.HK) rose sharply. As of 13:29, the stock was quoted at HKD 86.750, up 5.02%.
Hailed as the "First Agentic AI Stock in Hong Kong Equities," Mininglamp Technology-W (2718.HK) has attracted significant market attention. In June, the company executed a series of intensive business actions, achieving another systematic leap from technology to commerce, and from product to ecosystem.
NewTimeSpace (newtimespace.com) News, On July 2, 2026, Xunce (3317.HK) delivered an outstanding performance. As of 10:00, the company was quoted at HK$140.100, representing an increase of 15.02%.In terms of news coverage, Xunce (3317.HK) recently entered into a strategic cooperation framework agreement with the Beijing International Big Data Exchange. This cooperation marks a further deepening of the company's strategic layout in the data factor market and national-level data exchange platforms, aiming to advance the implementation of data tokenization capabilities within vertical industries.
On July 1, 2026, Shanghai-Shenzhen Stock Connect ETF in the livestock breeding and securities sectors experienced significant gains. China Merchants CSI Animal Husbandry ETF(516670.SH) rose 6.19%, while Guotai CSI Animal Husbandry ETF(159865.SZ) increased by 5.94%; on the other hand,E Fund CNI New Energy Batteries ETF(159566.SZ) fell 4.63%, and communications and sci-tech innovation chip ETFs generally dropped by over 3%. NewTimeSpace monitoring shows a clear rotation pattern with breeding and securities strengthening while energy storage and communications correct.
On July 1, Hong Kong markets were closed for a public holiday. Reviewing H1 2026, the broader market hit periodic lows while LLM concept stocks demonstrated an extreme "K-shaped" divergence, with KNOWLEDGE ATLAS, MiniMax, and XUNCE delivering multi-fold returns against a 16%+ general decline among traditional internet giants. Major industry inflections emerged: the US Department of Commerce lifted export bans on Anthropic's flagship Claude 5 models, resuming global access; Moonshot AI (Kimi) kicked off a new funding round targeting a USD 31.5 billion valuation, with its ARR crossing USD 300 million; and Huawei officially open-sourced its 92B sparse MoE model, openPangu-2.0-Flash.
NewTimeSpace (newtimespace.com) News,On July 1, 2026, the artificial intelligence theme continued its strong performance in the morning session. As of 09:57,ChinaAMC CSI Artificial Intelligence ETF (515070) rose 1.17%, aiming for a 3-day consecutive gain. The latest price stood at RMB 2.85. Looking at a longer timeframe, as of June 30, 2026,ChinaAMC CSI Artificial Intelligence ETF has achieved a cumulative gain of 8.48% over the past week.
On June 30, Hong Kong stock indices diverged, with the Hang Seng TECH Index bucking the broader trend to rise 1.8%, though both HSI and TECH indices hit periodic lows for the first half of the year. The AI and semiconductor sectors led the rebound: KNOWLEDGE ATLAS surged over 7%, Tencent gained 2.3% on gray-box testing of WeChat Agent, and semiconductor equities including SMIC and ASMPT rallied following South Korea's massive AI investment plan. In corporate developments, DeepSeek introduced a peak-and-valley API pricing mechanism ahead of its V4 mid-July launch; XUNCE partnered with BIDE to advance vertical data tokenization; and Meituan open-sourced LongCat-2.0, an industry-first trillion-parameter model trained entirely on a domestic 50,000-GPU cluster.
