On July 30, 2026, Hong Kong's tech-themed stocks broadly weakened. The Hang Seng Index edged up 0.20%, while the Hang Seng Tech Index fell 1.25% and the Hang Seng China Enterprises Index gained 0.25%.The large-model sector showed mixed performance. Tencent Holdings (00700.HK) bucked the trend and rose 1.16%, with Meituan-W and Kuaishou-W also gaining. Among the two major large-model players, Zhipu (02513.HK) plunged over 15%, while MINIMAX-W fell more than 4%.
NewTimeSpace News: On 30 July 2026, XPENG-W (09868.HK) drifted downwards amid volatile afternoon trading. As of 14:48, the stock traded at HK$50.40, down 2.61%. The company’s cumulative vehicle exports have surpassed 100,000 units. Tang Zhikun, General Manager of XPeng’s International Business, stated at a global launch event held in Munich, Germany recently that the firm has rolled out a detailed globalisation strategy targeting annual overseas sales of one million vehicles by 2030.
NewTimeSpace (newtimespace.com) reported that on July 30, 2026, the chip theme continued to weaken, while ASMPT (00522.HK) bucked the trend and rose. As of 13:23, the stock was quoted at HKD 138.400, up 1.10%.
NewTimeSpace (newtimespace.com) reported that on July 30, 2026, the robotics theme weakened significantly, with Xiaomi-W (01810.HK) opening higher then falling lower. As of 13:10, the stock was quoted at HKD 31.100, down 2.45%.
On July 29, 2026, Hong Kong's three major indices surged significantly. The Hang Seng Index rose 1.96%, the Hang Seng Tech Index gained 2.84%, and the Hang Seng China Enterprises Index advanced 2.22%. Total turnover on the Hang Seng Index reached HKD 312.2 billion, up markedly from the previous trading day. Southbound capital recorded a net outflow of HKD 5.589 billion.The autonomous driving sector strengthened across the board. The Ministry of Industry and Information Technology accelerated the drafting of the "15th Five-Year Plan" for intelligent connected vehicles. Xiaomi-W (01810.HK) rose nearly 9%, CiDi (03881.HK) gained nearly 6%, and Hesai-W (02525.HK) climbed over 6%.
NewTimeSpace News: On 29 July 2026, BIDU-SW (09888.HK) strengthened in afternoon trading. As of 14:38, its intraday price stood at HK$103.00, up 1.38%. On 28 July, Baidu Apollo Go partnered with Free Now, a subsidiary of Lyft Group, to launch public road tests in London.
NewTimeSpace (newtimespace.com) reported that on July 29, 2026, the chip theme continued to weaken, with SMIC (00981.HK) falling sharply. As of 13:22, the stock was quoted at HKD 65.200, down 5.64%.
NewTimeSpace (newtimespace.com) reported that on July 29, 2026, the robotics theme strengthened with volatility, and UBTECH (09880.HK) edged up. As of 13:15, the stock was quoted at HKD 81.650, up 1.94%.
On July 28, 2026, Hong Kong's three major indices rallied in volatile trading. The Hang Seng Index closed up 0.41%, the Hang Seng Tech Index rose 0.61%, and the Hang Seng China Enterprises Index gained 0.85%. Turnover reached HKD 250.6 billion, up from the previous trading day. Southbound capital recorded a net outflow of HKD 2.495 billion.The large-model sector suffered a heavy blow, with Zhipu (02513.HK) closing down over 18% and MINIMAX-W (00100.HK) falling more than 14%. HSBC Research lowered its target price for Zhipu, and the open-sourcing of Kimi K3 intensified competition in the large-model arena, triggering a concentrated flight of capital from the sector.
NewTimeSpace News: On 28 July 2026, RoboSense (02498.HK) traded weaker in the afternoon. As of 14:45, the intraday price stood at HK$21.60, down 3.57%. For the cumulative period January–April 2026, the penetration rate of passenger vehicles factory-fitted with standard L2 intelligent driving functions reached 34.7%, a year-on-year drop of 6.7 percentage points. Meanwhile, the penetration rate of passenger vehicles equipped with standard L2 and above driving functions hit 35.7%, representing a year-on-year increase of 17.1 percentage points.
NewTimeSpace (newtimespace.com) reported that on July 28, 2026, the chip theme weakened, with HUA HONG GRACE (01347.HK) falling sharply. As of 13:28, the stock was quoted at HKD 136.200, down 8.34%.
NewTimeSpace (newtimespace.com) reported that on July 28, 2026, the robotics theme weakened, while Midea Group (00300.HK) fluctuated slightly higher. As of 13:11, the stock was quoted at HKD 95.600, up 0.79%.
On July 27, 2026, Hong Kong stocks closed higher with the Hang Seng Index up 0.98%, driven by rallies in Foundation Models and Embodied AI. MINIMAX-W surged 17.14% following a bullish Goldman Sachs rating, while XIAOMI-W jumped 7.34% on new EV model announcements and stock buybacks. Key industry catalysts include domestic DRAM leader Changxin Technology surging over 470% on its STAR Market IPO debut, Hong Kong’s upcoming Embodied AI listings in late August, and strong endorsements of Chinese AI from Jensen Huang and Elon Musk.
NewTimeSpace News: On 27 July 2026, XPENG-W(09868.HK) traded slightly weaker in the afternoon. As of 14:33, the stock quoted HK$49.12, down 0.73%. Xpeng recently announced it will roll out five brand-new vehicle models in the second half of 2026 and launch advanced intelligent driving assistance systems in Australia in 2027.
NewTimeSpace (newtimespace.com) reported that on July 27, 2026, the semiconductor theme in Hong Kong stocks weakened, with ASMPT (00522.HK) fluctuating lower. As of 13:21, the stock was quoted at HKD 156.100, down 4.47%.
NewTimeSpace (newtimespace.com) reported that on July 27, 2026, the robotics theme rose in volatile trading, with Xiaomi-W (01810.HK) surging sharply. As of 13:10, the stock was quoted at HKD 28.900, up 8.16%.
