HK.AI CAPITAL (01140.HK) projects its net profit for the year ended March 31, 2026, to reach HK$6.0-6.3 billion, representing a year-on-year surge of over 90x. This substantial growth is driven by two non-recurring items: a one-off gain of HK$3.45-3.65 billion from the disposal of its stake in CSOP Asset Management to GOFINTECH QUANT (00290.HK), and an unrealized fair value gain of HK$2.53-2.79 billion from holding GOFINTECH QUANT shares. This asset swap executes a structural adjustment of its underlying portfolio, shifting from traditional asset management to frontier sectors like quantum technology amid the valuation recovery in the Hong Kong market.
NewTimeSpace (newtimespace.com) News: On June 22, 2026, the chip sector experienced a volatile trading trend. ASMPT (00522.HK) opened lower and fluctuated, with the company's share price quoted at HK$202.400, down 3.07% as of 13:25 PM.
NewTimeSpace (newtimespace.com) News: On June 22, 2026, the robot concept sector fluctuated and weakened. Xiaomi Corporation-W (01810.HK) continued to open lower and move downward. As of 13:05 PM, the company's share price was quoted at HK$23.600, down 3.99%.
NewTimeSpace (newtimespace.com) News: As of 10:04 AM on June 22, 2026, the Fullgoal CSI HK Equities Information Technology Integration ETF (159198) advanced by 3.34%, with its latest price quoting at RMB 1.46.As of now, among its constituent stocks, artificial intelligence-related themes delivered stellar performances, with Zhipu (2513.HK) surging by 15.19% and Mininglamp Technology (2718.HK) jumping by 13.64%, leading the gains across a multitude of related sectors.
NewTimeSpace (newtimespace.com) News, On June 22, 2026, large model concept stocks in the Hong Kong stock market collectively strengthened. Mininglamp Technology (2718.HK) opened higher and continued to push upward during morning trading. As of 9:53 AM, the company's share price was quoted at HK$245.400, up 16.19%.
On June 18, Hong Kong stocks drifted lower, yet the LLM and domestic computing power supply chains bucked the broader market decline to register substantial gains, led by ZHIPU AI surging over 26% and MiniMax jumping 12.3%. Iluvatar CoreX skyrocketed 21% amid reports of a massive chip procurement pipeline from ByteDance. The rally was primarily fueled by regulatory catalysts, as the SSE formally issued guidelines extending the STAR Market's fifth listing standard to pre-revenue AI LLM firms, sparking a sector-wide valuation rerate. Consequently, ZHIPU AI’s domestic listing process accelerated, with its IPO status upgraded to "Tutoring Acceptance." Meanwhile, the primary market witnessed a blockbuster Series A round by DeepSeek, drawing multi-billion RMB commitments from its founder, Tencent, and CATL.
NewTimeSpace (newtimespace.com) News: On June 18, 2026, the chip sector continued to strengthen as SMIC (00981.HK) fluctuated upward. As of 1:43 PM, the company's share price was quoted at HK$78.250, up 3.30%.
NewTimeSpace (newtimespace.com) News: On June 18, 2026, despite the strengthening of the humanoid robot sector, UBTECH (9880.HK) fluctuated and weakened. As of 1:30 PM, the company's share price was quoted at HK$107.500, down 0.65%.
the Shanghai Stock Exchange (SSE) issued the Application Guidelines No. 10 for Issuance and Listing Review Rules of the Shanghai Stock Exchange — Application of the Fifth Set of Listing Standards of the Science and Technology Innovation Board by Artificial Intelligence Large Model Enterprises (hereinafter referred to as the "Guidelines No. 10")This expansion into the AI large model sector opens up a direct A-share listing channel for a massive number of high-quality large model enterprises that have not yet turned a profit but possess core technologies.
NewTimeSpace (newtimespace.com) News, As of 11:30 AM on June 18, 2026, the GF CSI HK Equities Information Technology Integration ETF (520710) edged down by 0.10%, with its latest price quoting at RMB 1.032. Looking at a longer time horizon, theGF CSI HK Equities Information Technology Integration ETF has recorded a cumulative gain of 8.18% over the past 5 days.among its constituent stocks, Iluvatar CoreX (9903.HK) surged by 15.19%, Zhipu (2513.HK) rallied by 12.11%, while other constituents such as Biren Technology (6082.HK) and Mininglamp Technology (2718.HK) followed the upward trend.
NewTimeSpace (newtimespace.com) News, As of 09:53 AM on June 18, 2026, the CSI Artificial Intelligence Theme Index (930713) rose strongly by 2.11%, and Ping An CSI Artificial Intelligence ETF (512930) advanced by 2.24%, driving toward a 5-day consecutive winning streak. Its latest price was quoted at RMB 0.73.
On June 17, Hong Kong stocks saw narrow consolidation, but the LLM and semiconductor supply chains erupted. ZHIPU AI surged over 12% following the launch and open-sourcing of its GLM-5.2 flagship model, which ranked first globally on the Code Arena benchmark. KUAISHOU-W jumped 7.3% on rumors of a USD 2 billion financing round for Kling AI, while the memory and PCB sectors soared amid price hikes and shortage forecasts. In major industry developments, the CSRC expanded the STAR Market's fifth listing standard to accommodate pre-revenue AI LLM companies, clearing regulatory hurdles for IPOs. Meanwhile, to mitigate soaring compute costs, Microsoft's Copilot Cowork is pivoting to usage-based pricing and exploring cost-effective open-source alternatives like DeepSeek V4.
NewTimeSpace (newtimespace.com) News: On June 17, 2026, the chip sector fluctuated and strengthened. The share price of Hua Hong Semiconductor Limited (01347.HK) rose substantially. As of 13:44 PM, the company's share price was quoted at HK$156.200, up 6.48%.
Mininglamp Technology (2718.HK) Under the trend where Edge AI transitions from a "concept" to a "trillion-dollar industrial blueprint" and AI Agents race from a "tens-of-billions track" toward a "three-hundred-billion market," the company is validating a core proposition through its differentiated path of "Scaling Out."
NewTimeSpace (newtimespace.com) News: On June 17, 2026, the humanoid robot sector fluctuated and weakened. Midea Group (00300.HK) fluctuated downward, with the company's share price quoted at HK$89.250, down 1.00% as of 13:17 PM.
Choice data shows that on June 16, 2026,First Seafront Artificial Intelligence Dynamic Allocation Hybrid Fund-A (001986) and First Seafront Artificial Intelligence Dynamic Allocation Hybrid Fund-C (023286) recorded gains of 5.35% respectively. Over the past three months,First Seafront Artificial Intelligence Dynamic Allocation Hybrid Fund-A (001986) and Mixed C (023286) have jumped by 78.10% and 77.92% respectively.
