On August 26, 2026, the three major indices rebounded in tandem, with AI concept stocks mostly rising more than falling that day. The Hang Seng Index (HSI) rose 0.56%, the Hang Seng TECH Index rose 0.82%, and the Hang Seng China Enterprises Index rose 1.05%.The AI chip segment diverged. HUA HONG GRACE (01347.HK) rose 6.43%, with BIREN TECH, SMIC, and MONTAGE TECHNOLOGY following the gains, while GIGADEVICE fell 2.47% and ILUVATAR COREX followed the losses.
NewTimeSpace (newtimespace.com) reported that on August 26, 2026, The Hang Seng Index (HSI) rose 0.56%, the Hang Seng TECH Index rose 0.82%, and the Hang Seng China Enterprises Index rose 1.05%. The HSI's full-day total market turnover was HKD 254.8 billion, Southbound capital recorded a net inflow of HKD 453 million.
On August 26, 2026, the fintech and Taiwan directions of the HK shares ETFs led the gains. The Global X Indxx Global Fintech Thematic ETF (3185.HK) rose 2.87% and the Premia FTSE TWSE Taiwan 50 ETF (3453.HK) rose 2.57%; the Hang Seng China Enterprises Index ETF (2828.HK) fell 1.13%, with Vietnam and EV ETFs pulling back modestly. NewTimeSpace monitoring shows a clear rotation pattern of strengthening fintech with central-SOE dividends under pressure.
On August 26, 2026, the industrial non-ferrous metals and brokerage directions of the Shanghai-Shenzhen Stock Connect ETFs led the gains. The Wanjia CSI Industry Non-ferrous Metal Theme ETF (560860.SH) rose 3.07% and the E Fund CSI All Share Investment Banking & Brokerage Index ETF (512570.SH) rose 2.80%; the Invesco Great Wall CNI Oil & Gas ETF (159588.SZ) fell 1.03%, with oil & gas and healthcare ETFs pulling back modestly. NewTimeSpace monitoring shows a clear rotation pattern of strengthening industrial non-ferrous metals and brokerage with oil & gas and healthcare under pressure.
NewTimeSpace News: On August 26, 2026, BIDU-SW (09888.HK) edged higher in the afternoon session. As of 15:03, it traded at HK$91.25, up 1.67%.
NewTimeSpace (newtimespace.com) News, on August 26, 2026, the chip theme strengthened, with ASMPT (00522.HK) rising in choppy trade. As of 13:28, the stock was quoted at HKD 167.100, up 2.83%.
NewTimeSpace (newtimespace.com) News, on August 26, 2026, the robotics theme fluctuated intraday, with XIAOMI-W (01810.HK) strengthening. As of 13:12, the stock was quoted at HKD 28.780, up 3.67%.
On August 25, the Hong Kong market opened slightly higher and fluctuated repeatedly, with the Hang Seng Index edging down 0.02% to 25,511.1 points, the Hang Seng TECH Index down 0.12%, and turnover at HKD 254.079 billion. The CRO concept exploded, with EVEREST MED up 18.46% and ASYMCHEM up 16.02%; the KINGBOARD group led the PCB concept, with KB LAMINATES up 13.79%. Mainland property stocks rose broadly, gold stocks led the declines, MEITUAN-W down 6.65%, and XPENG-W slumped 9.19% after results. Southbound capital recorded a net sell of HKD 6.605 billion. Joseph Tsai and Eddie Wu increased their Alibaba holdings by ~HKD 120 million; LEAPMOTOR interim profit surged 530.97%; SHEIN IPO was fully subscribed, and Youdi Robotics passed the HKEX listing hearing.
On August 25, 2026, The Hang Seng Index (HSI) edged down 0.02%, the Hang Seng TECH Index edged down 0.12%, and the Hang Seng China Enterprises Index fell 0.31%.The AI chip segment strengthened across the board, with MONTAGE TECHNOLOGY (06809.HK) up 4.96%, GIGADEVICE (03986.HK) up 4.93%, and BIREN TECH, ILUVATAR COREX, SMIC, and HUA HONG GRACE following the gains.
NewTimeSpace reported that on August 25, 2026, The Hang Seng Index (HSI) edged down 0.02%, the Hang Seng TECH Index edged down 0.12%, and the Hang Seng China Enterprises Index fell 0.31%. The HSI's full-day total market turnover was HKD 254.1 billion, Southbound capital recorded a net outflow of HKD 6.605 billion.
On August 25, 2026, the biomedicine and China tech directions of the HK shares ETFs led the gains. The Global X China Biotech ETF (2820.HK) rose 2.56% and the ChinaAMC Hang Seng Biotech ETF (3069.HK) rose 2.54%; the E Fund (HK) Solactive Global Gold Miner Select Index ETF (2824.HK) fell 2.44%, with leveraged ChiNext and Korea ETFs pulling back modestly. NewTimeSpace monitoring shows a clear rotation pattern of biomedicine rebounds with gold miners under pressure.
On August 25, 2026, the biomedicine and healthcare directions of the Shanghai-Shenzhen Stock Connect ETFs rebounded strongly. The Tianhong CNI BIOMEDICINE ETF (159859.SZ) rose 3.06% and the Guotai CSI Medical Service ETF (159828.SZ) rose 2.85%; the Huaan CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stocks ETF (159321.SZ) fell 3.53%, with non-ferrous mining and STAR semiconductor ETFs broadly pulling back. NewTimeSpace monitoring shows a clear rotation pattern of pharma and robot rebounds with gold and non-ferrous metals under pressure.
NewTimeSpace News: On August 25, 2026, RoboSense (02498.HK) trended stronger in the afternoon session. As of 14:54, the stock traded at HK$18.62, representing an increase of 4.02%.
NewTimeSpace (newtimespace.com) News, on August 25, 2026, the chip theme rose amid volatility, and SMIC (00981.HK) strengthened. As of 13:39, the company's quote stood at HKD 68.200, up 2.17%.
NewTimeSpace (newtimespace.com) News, on August 25, 2026, the robot theme strengthened amid volatility, and UBTECH ROBOTICS (09880.HK) rallied in the midday session. As of 13:16, the company's quote stood at HKD 81.300, up 2.07%.
On August 24, the three major Hong Kong indices came under pressure and declined throughout the day. The Hang Seng Index fell 1.89% to 25,517.33 points, losing the 26,000 level, and the Hang Seng TECH Index plunged 3.61%, with turnover at HKD 291.151 billion. ALIBABA-W placed HKD 80 billion in new shares, all to be invested in AI infrastructure, with its shares falling 8.54% and dragging the HSI down 167 points. AI hardware stocks including optical communications and memory plunged, with ZJ INNOLIGHT down 11.32%. HSI quarterly review beneficiaries surged against the tide, with DIAGENS-B up 37.45%. Coal stocks rose against the tide. Southbound capital recorded a net buy of HKD 11.567 billion on the day. SINOPEC CORP rose 5.9% after results, with first-half net profit up 19.3% year-on-year.
