NewTimeSpace (newtimespace.com) News: On June 29, 2026, the Hang Seng Tech Index rose substantially, and Hong Kong chip-related stocks strengthened. SMIC(00981.HK) fluctuated upward. As of 13:30 PM, the company's share price was quoted at HK$81.900, up 2.38%.
NewTimeSpace (newtimespace.com) News, On June 29, 2026, the Hang Seng Tech Index in the Hong Kong stock market rose substantially, and robot-related stocks strengthened. UBTECH (09880.HK) rebounded and moved higher. As of 13:10 PM, the company's share price was quoted at HK$93.600, up 3.94%.
NewTimeSpace (newtimespace.com) News,On June 29, 2026, large model concept stocks in the Hong Kong stock market strengthened. Mininglamp Technology (2718.HK) opened lower but moved higher, with its intraday gain once approaching 8%. As of 10:50 AM, the company's share price was quoted at HK$226.000, up 3.57%.Choice data shows that since June 11, the share price of the large model concept stock Mininglamp Technology (2718.HK) has surged by over 30%, achieving an anti-trend rally against the volatile weakening of the Hang Seng Tech Index.
CaoCao Inc. (02643.HK) announced that Turing Award winner Professor Joseph Sifakis has been appointed Chief Scientific Advisor of its AI Innovation Center, jointly established with the Shanghai AI Research Institute. This marks his first deep engagement with a Chinese technology company's AI strategy. The Center will focus on AI, autonomous driving, and intelligent mobility systems to support the Company's RoboX strategy and transformation into an AI technology company.
Hong Kong stocks corrected sharply this week, with the HSI and Hang Seng TECH Index sliding 5.2% and 7.5% respectively. LLM concept stocks mirrored this high-volatility, "rally-then-fallback" trajectory, where Mininglamp showcased absolute resilience while MiniMax pulled back significantly under lock-up expiration overhang. Sector fundamentals remain exceptionally robust: Chinese models swept the top four spots as global call volumes rose for a ninth week; DeepSeek debuted on the Hurun Index at a RMB 340 billion valuation; OpenAI unveiled its custom inference chip "Jalapeño"; and tech heavyweights Alibaba, Tencent, Baidu, and Volcano Engine launched a series of milestones across Agent infrastructure, native world models, and hyper-discounted enterprise Token subscription plans.
On June 26, Hong Kong stocks tumbled unilaterally, triggering a sharp correction across the LLM and semiconductor sectors, with ZHIPU AI and Biren Technology leading the declines. Despite secondary market pressure, primary and product developments remained highly robust: DeepSeek launched a massive recruitment campaign to double its headcount and debuted 12th on the Hurun Global Unicorn Index with a RMB 340 billion valuation. Meanwhile, Tencent's OS-level AI assistant Marvis achieved full-platform coverage with its iOS launch, and SenseTime disclosed a 7-fold monthly surge in enterprise token usage alongside its Raccoon agent hitting 20 million users.
NewTimeSpace (newtimespace.com) News: On June 26, 2026, the chip sector experienced a volatile retracement. HUA HONG GRACE(01347.HK) fluctuated downward. As of 13:33 PM, the company's share price was quoted at HK$188.300, down 2.33%.
NewTimeSpace (newtimespace.com) News: On June 26, 2026, the humanoid robot sector continued to weaken. Midea Group (00300.HK) fluctuated and turned green. As of 13:15 PM, the company's share price was quoted at HK$79.400, edging up 0.25%.
NewTimeSpace News: Fusen Pharmaceutical Company Limited (01652.HK) announced that the marketing application for Peramivir Injection developed by its wholly-owned subsidiary Jiaheng (Zhuhai Hengqin) Pharmaceutical Technology Co., Ltd. has been approved by the NMPA for the treatment of influenza A and B. The product is listed as a Class B medicine under the National Medical Insurance Catalogue, and sales of relevant peramivir formulations in China surpassed RMB800 million in 2025.
Recently, Mininglamp Technology (2718.HK) officially released the Mano-CUA-2.0 version, an edge-side GUI VLA model tailored for AI PCs, and concurrently launched its "Thinking Mode." The newly upgraded Mano-CUA-4B-2.0 is already available for download and deployment on Hugging Face and ModelScope.
NewTimeSpace News: On June 26, 2026, BIDU-SW(09888.HK) trended downwards amid volatility during morning trading. As of 11:33, its intraday price stood at HK$98.70, representing a 4.55% decline. The global market size for L4 and higher-level autonomous driving reached US$1 billion in 2024 and is projected to hit US$1.464 trillion by 2030.
Henlius (2696.HK) announced that the European Commission approved serplulimab (Hansizhuang®/HETRONIFLY®) in combination with carboplatin and nab-paclitaxel for first-line treatment of adult patients with unresectable locally advanced or metastatic sqNSCLC, applicable across all EU member states and EEA countries; the approval was based on a randomized, double-blind, international multi-center Phase 3 study showing significant benefit and good safety, following EU GMP certification in December 2023 and a positive CHMP opinion in May 2026; serplulimab is now approved in China, the EU, UK and multiple Southeast Asian countries, with the global PD-1 mAb market reaching approximately USD50.871 billion in 2025.
NewTimeSpace News: CStone Pharmaceuticals (02616.HK) announced an exclusive commercialization cooperation agreement with Arrotex Pharmaceuticals, the core commercial platform under Australia’s diversified pharmaceutical and healthcare group DBG Health, for Sugemalimab in Australia and New Zealand. CStone will receive an upfront payment, subsequent registration and sales milestone payments, plus a share of revenues generated within the licensed territories. The commercial footprint of Sugemalimab now covers more than 60 countries and regions globally.
NewTimeSpace News: CanSino Biologics announced on June 25 that its Group A, C, Y and W135 Meningococcal Conjugate Vaccine (MCV4, trade name: Menhyxin®) has obtained a registration certificate issued by Argentina’s National Administration of Medicines, Food and Medical Devices.
On June 25, Hong Kong tech stocks hit one-year lows, yet the LLM and domestic computing power sectors staged a counter-trend rally, led by ZHIPU AI climbing over 8% and Biren Technology reaching an all-time high via DeepSpeed integration. Crucial industry breakthroughs emerged: five Chinese ministries jointly launched an action plan to accelerate end-to-end autonomous driving and transport AI solutions; OpenAI partnered with Broadcom to debut its first custom inference ASIC, "Jalapeño," boasting a rapid 9-month tape-out; and Baidu AI Cloud rolled out its Qianfan Token Plan Enterprise Edition, pioneering access to ZHIPU's GLM-5.2.
NewTimeSpace News: On June 25, 2026, RoboSense (02498.HK) trended weaker in the afternoon trading session. As of 14:22, its intraday quotation stood at HK$21.32, representing a drop of 3.44%. The large-scale commercial adoption of high-level intelligent driving is expected to pick up speed.
