On August 19, 2026, the banking and dividend low-volatility directions of the Shanghai-Shenzhen Stock Connect ETFs led gains against the tide. The China Universal CSI Banks ETF (512820.SH) rose 1.92% and the China Southern CSI Banks ETF (512700.SH) rose 1.90%; the E Fund CNI Robot Industry ETF (159530.SZ) plummeted 9.11%, with communication and chip ETFs broadly down over 7.9%. NewTimeSpace monitoring shows a clear extreme divergence of strengthening banking-defense and a broad collapse in technology growth.
NewTimeSpace reported that on August 19, 2026, the Hang Seng Index rose 0.09%, the Hang Seng TECH Index fell 1.21%, and the Hang Seng China Enterprises Index rose 0.21%. The Hong Kong market's total turnover was HK$253.2 billion, Southbound funds recorded a net outflow of HK$10.621 billion.
NewTimeSpace News: On August 19, 2026, XPENG-W (09868.HK) weakened in the afternoon session. As of 15:27, the stock was quoted at HK$45.92, down 2.84%.
NewTimeSpace (newtimespace.com) News, on August 19, 2026, the chip theme weakened sharply, with HUA HONG GRACE (01347.HK) plunging amid volatility. As of 13:33, the company's quote stood at HK$112.900, down 12.41%.
NewTimeSpace (newtimespace.com) News, on August 19, 2026, the robot theme weakened sharply, with MIDEA GROUP (00300.HK) trading in a volatile session. As of 13:20, the company's quote stood at HK$96.250, flat on the day.
On August 18, the three major Hong Kong indices closed mixed. The Hang Seng Index edged up 0.07% to 25,471.15 points and the Hang Seng TECH Index fell 0.90%, with turnover at HKD 255.5 billion. On the market, pork, CRO and robot concepts rose, while tech stocks led the declines, with HUA HONG GRACE down 7.9% and Z.AI down 13.3%. STARPLUS LEGEND surged 34.9% and GENSCRIPT BIO rose 8.4%. Southbound capital recorded a substantial net buy of HKD 14.0 billion on the day, hitting a recent high. GEELY AUTO's interim revenue hit a record high with core net profit up 46%; H WORLD-S rose over 11% after results, raised its full-year guidance and approved a USD 2.5 billion return plan.
On August 18, 2026, The Hang Seng Index rose 0.07%, the Hang Seng TECH Index fell 0.90%, and the Hang Seng China Enterprises Index edged up 0.16%. The Hong Kong market's total turnover was HK$255.5 billion, with southbound funds recording a net inflow of HK$14.001 billion.The large-model segment remained under pressure, with the two front-runners plunging: Z.AI (02513.HK) fell 13.30% and MINIMAX-W (00100.HK) fell 4.49%. TENCENT, MEITUAN-W and others continued to weaken, while ALIBABA-W (09988.HK) rose against the trend by 3.68%.
newtimespace reported that on August 18, 2026, the Hang Seng Index rose 0.07%, the Hang Seng TECH Index fell 0.90%, and the Hang Seng China Enterprises Index edged up 0.16%. The Hong Kong market's total turnover was HK$255.5 billion,Southbound funds recorded a net inflow of HK$14.001 billion.
NewTimeSpace News: On August 18, 2026, BIDU-SW (09888.HK) edged higher in the afternoon session. As of 15:41, the stock was quoted at HK$101.30, representing a 1.00% gain.
On 18 August 2026, agriculture and farming directions led the Shanghai-Shenzhen Stock Connect ETFs against the trend. Fullgoal CSI Agriculture Theme ETF (159825.SZ) rose 3.05%, and ChinaAMC China Science And Technology Innovation Board Semiconductor Material Equipment Theme ETF (588170.SH) rose 2.51%; Fullgoal CSI Big Data Industry ETF (515400.SH) fell 1.73%, with securities and communications ETFs pulling back broadly. NewTimeSpace monitoring showed clear rotation, with agriculture and farming strengthening while big data and securities came under pressure.
newtimespace reported, on August 18, 2026, the chip theme weakened, with ASMPT (00522.HK) falling in intraday fluctuations. As of 13:35, the stock was quoted at HK$173.600, down 4.67%.
newtimespace reported, on August 18, 2026, the robotics theme weakened, with Xiaomi-W (01810.HK) falling in intraday fluctuations. As of 13:14, the stock was quoted at HK$25.480, down 1.55%.
On 17 August, Hong Kong's three major indices opened higher and extended gains, with the Hang Seng Index up 1.34% at 25,453.23 points and the Hang Seng TECH Index up 1.58%, on turnover of HKD 210.770 billion. Memory chips erupted, with MONTAGE TECH up 9.58% and GIGADEVICE up 8.41%, as SK Hynix's chairman warned of a possible worst-ever "memory shortage" next year; optical communication concepts were strong, with YOFC up 12.10%. Southbound capital recorded net buying of HKD 3.077 billion. The Hang Seng Index quarterly review is due this Friday; GF forecasts 38 companies to join Stock Connect in September, with Z.AI and MiniMax expected to be blue-chip additions. INNOGEN-B plunged 27.6% after its lock-up expiry.
On August 17, 2026, the Hang Seng Index rose 1.34%, the Hang Seng TECH Index rose 1.58%, and the Hang Seng China Enterprises Index rose 1.19%. The Hang Seng Index recorded a turnover of HK$210.8 billion, with southbound (mainland) funds posting a net inflow of HK$3.077 billion.The AI chip and hardware direction surged across the board, becoming the main driver of the day's rebound. Iluvatar CoreX (09903.HK) rose 10.68%, Montage Technology (06809.HK) rose 9.58%, and GigaDevice, HUA HONG GRACE, Biren Technology, and SMIC posted sharp gains.
newtimespace reported, on August 17, 2026, the Hang Seng Index rose 1.34%, the Hang Seng TECH Index rose 1.58%, and the Hang Seng China Enterprises Index rose 1.19%. The Hang Seng Index recorded a turnover of HK$210.8 billion, Southbound (mainland) funds posted a net inflow of HK$3.077 billion.
On 17 August 2026, leveraged ChiNext and China semiconductor directions erupted broadly in the HK shares ETFs. Bosera Szse Chinext Daily (2x) Leveraged Product (7234.HK) rose 7.86%, and Global X China Semiconductor ETF (3191.HK) rose 5.80%; E Fund (HK) CSI Liquor Index ETF (3189.HK) fell 2.65%, with Vietnam and fintech ETFs pulling back modestly. NewTimeSpace monitoring showed clear rotation, with China technology erupting broadly while defensive products came under pressure.
