On September 1, 2026, the three major Hong Kong stock indexes all closed lower. AI concept stocks showed divergent performance on the day, with most weakening, while the chip theme declined across the board. The Hang Seng Index fell 0.93%, the Hang Seng TECH Index fell 1.49%, and the Hang Seng China Enterprises Index fell 0.59%. The intelligent driving space saw divergent moves, with BLACK SESAME (02533.HK) — whose first-half results surged — rising 13.21%, and PONY-W following higher. HORIZONROBOT-W (09660.HK) fell 2.65%, while WERIDE-W and ROBOSENSE followed lower.
On September 1, 2026, grain and bank ETFs under Shanghai-Shenzhen Stock Connect surged broadly. Penghua Guozheng Food industry ETF (159698.SZ) rose 6.05%, and China Universal CSI Banks ETF (512820.SH) rose 2.20%; ChinaAMC China Science And Technology Innovation Board Semiconductor Material Equipment Theme ETF (588170.SH) fell 4.17%, with semiconductor equipment and SSE STAR growth ETFs broadly down more than 3.5%. NewTimeSpace monitoring shows an extreme rotation pattern of value defensive segments fully taking over while technology growth suffers an across-the-board slump.
On September 1, 2026, Taiwan semiconductor and Korea ETFs under HK shares led the gains. Fubon Ice Factset Taiwan Core Semiconductor Index Etf (3076.HK) rose 4.67%, and Premia FTSE TWSE Taiwan 50 ETF (3453.HK) rose 3.32%; Global X China Little Giant ETF (2815.HK) fell 3.13%, with China semiconductor and STAR 50 ETFs broadly retreating. NewTimeSpace monitoring shows a clear rotation pattern of regional technology strengthening while Chinese technology remains under pressure.
NewTimeSpace reported that on September 1, 2026, the Hang Seng Index falling 0.93%, the Hang Seng TECH Index falling 1.49%, and the Hang Seng China Enterprises Index falling 0.59%. Total market turnover was HKD 238.7 billion, Southbound funds recorded net inflows of HKD 7.757 billion.
NewTimeSpace News: On September 1, 2026, XPENG-W (09868.HK) edged lower in afternoon trading. As of 15:38 HKT, the stock traded at HK$44.64, down 0.58%.
NewTimeSpace News: In August 2026, the Hong Kong primary market continued the cooling trend seen since July, with only two new listings completing their IPOs during the month — NASN TECH (02261.HK), listed on 7 August, and Ingenic Semiconductor Co., Ltd. (03223.HK), listed on 25 August. Despite the small number, the two new listings presented starkly different pictures in subscription and debut performance.
NewTimeSpace (newtimespace.com) News, on September 1, 2026, the chip theme weakened, and HUA HONG GRACE (01347.HK) fluctuated lower. As of 13:35, the stock was quoted at HKD 120.600, down 1.95%.
NewTimeSpace (newtimespace.com) News, on September 1, 2026, the robotics theme weakened, and MIDEA GROUP (00300.HK) fluctuated lower. As of 13:22, the stock was quoted at HKD 100.600, down 0.79%.
NewTimeSpace News: On August 31, Hong Kong's three major indices ended mixed, with the Hang Seng Index edging down 0.07% to 25,566.99 points and the Hang Seng TECH Index up 0.32%, on notably higher turnover of HK$314.8 billion. Mainland bank stocks rose against the trend, with BANK OF CHINA up 5.73% to a record high; mainland property developers opened higher but slumped across the board, with GREENTOWN CHINA down 17.58%, affected by the new real estate credit reform policy. Gold stocks fell broadly and airlines came under pressure after results. MINIMAX-W rose 16.18% and Z.AI gained 9.6%. Southbound capital recorded net buying of HK$2.139 billion. The MSCI China Index rebalance took effect today, adding Z.AI and KINGBOARD HLDG and removing seven Hong Kong stocks.
NewTimeSpace reported that on August 31, 2026, the Hang Seng Index down 0.07%, the Hang Seng TECH Index up 0.32%, and the Hang Seng China Enterprises Index rose 0.27%. Total market turnover for the day was HKD 314.8 billion, Net southbound inflows were HKD 2.139 billion.
On August 31, 2026, Hong Kong's three major indices closed mixed, with the Hang Seng Index down 0.07%, the Hang Seng TECH Index up 0.32%, and the Hang Seng China Enterprises Index rose 0.27%. Total market turnover for the day was HKD 314.8 billion, with net southbound inflows of HKD 2.139 billion. AI concept stocks diverged on the day, with most large-model names rising and most smart-driving names weakening.
Monthly Hong Kong-listed ETF Average Return Statistics (by Fund Manager) (August 2026)
Monthly Hong Kong-listed ETF Return Statistics (August 2026)
On August 31, 2026, HK ETFs in robotics and AI and Chinese technology directions held up modestly. Global X China Robotics And Ai Etf (2807.HK) rose 2.39%; CSOP Hang Seng Biotech ETF (3174.HK) plunged 3.73%, with biomedicine and blockchain ETFs broadly down more than 3%. NewTimeSpace monitoring shows an extreme divergence pattern of modest robotics and AI gains versus an across-the-board retreat in biomedicine and blockchain.
Monthly Shanghai-Shenzhen Stock Connect ETF Average Return Statistics (by Fund Manager) (August 2026)
Monthly Shanghai-Shenzhen Stock Connect ETF Return Statistics (August 2026)
