HK Close | Three Major Indexes Fall, Hang Seng Tech Index Drops 1.6%+; CREALIGHTS Surges 31%+, JINHAI MED TECH Gains 19%+

Tiger Newspress
2 hours ago

Market Overview

Hong Kong equities finished mixed on 8 September, with weakness in heavyweight technology counters overshadowing strength in energy-linked and leisure names. The Hang Seng Index (HSI) slipped 0.38% to 25,317.18. Technology shares underperformed, sending the Hang Seng Tech Index (HSTECH) down 1.61% to 4,454.85. The Hang Seng China Enterprises Index (HSCEI) also eased 0.38% to 8,397.32.

In contrast, small- and mid-cap stocks were relatively resilient: the Hang Seng China A Industry Top Index (HSCCI) rose 1.46% to 4,237.34.

Aggregate market turnover reached HK$206.17 billion, reflecting steady participation despite the subdued headline moves. Trading was driven by brisk activity in thematic plays—particularly oil & gas drillers, copper miners and leisure names—offset by selling in semiconductors, PC hardware and selected healthcare equipment makers.

Sector Performance

Large-cap Tech Stocks

The group ended mostly lower: Tencent was down 0.68%, Xiaomi Corporation fell 2.11%, SMIC lost 4.32%, and Lenovo dropped 6.18%. In contrast, Meituan advanced 0.69%, and NetEase rose 0.27%.

Top Performing Sectors

  • Leisure Facilities +7.52%

  • Oil & Gas Drilling +6.62%

  • Human Resource & Employment Services +5.13%

Bottom Performing Sectors

  • Home Improvement Retail -13.08%

  • Textiles -6.30%

  • Health Care Equipment -6.28%

Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

CREALIGHTS

01191

150.00

31.58%

JINHAI MED TECH

02225

5.73

19.62%

LIULIUMEI

06658

147.30

18.79%

EASY SMART GP

02442

145.00

16.94%

METIS TECHBIO-P

07666

17.57

14.02%

GENSCRIPT BIO

01548

34.68

11.87%

SENASIC

06675

29.30

10.90%

JIA YAO HLDGS

01626

22.56

9.41%

CMOC

03993

17.61

7.57%

TIGERMED

03347

41.58

7.16%

Filter: Market cap>HKD10B

Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

PATEO

02889

116.80

-16.87%

STAR SHINE HLDG

01440

9.70

-16.81%

DIAGENS-B

02526

434.00

-14.57%

HQVT

01392

21.08

-11.13%

TH MEDICAL-B

02697

346.60

-11.13%

CREALITY

03388

23.00

-10.78%

Z.AI

02513

916.00

-10.02%

BAIGE DIGITAL

02672

33.88

-8.43%

LEGENDHOLDING

03396

17.58

-7.91%

XIZHI TECH-P

01879

311.60

-7.54%

Filter: Market cap>HKD10B

Closing Summary

1. The mainstream benchmarks closed marginally lower. The HSI and HSCEI each dipped 0.38%, while the HSTECH dropped 1.61% amid selling pressure in hardware and semiconductor names. In contrast, the HSCCI gained 1.46%, showing investor rotation into smaller-capitalisation plays. Overall turnover stood at HK$206.17 billion, indicating steady liquidity despite the cautious tone.

2. Among large-cap technology constituents, declines in Lenovo, SMIC, Xiaomi and Tencent weighed on sentiment. Outperformance in Meituan and modest gains in NetEase and XPeng provided partial offsets but were insufficient to lift the sector, leaving the tech gauge at the day’s lows.

3. Stock-specific action was lively. CREALIGHTS surged 31.58% after news of its imminent inclusion in the Stock Connect scheme and a partnership with GlobalFoundries, according to intraday media reports. Metals producer CMOC rose 7.57% on robust copper price dynamics, while oil-service and leisure names enjoyed strong buying on sector momentum. On the downside, automotive technology firm PATEO tumbled 16.87%, and AI-focused Z.AI slid 10.02% following sharp profit-taking.

4. Sector rotation favoured resources and reopening-linked themes: Leisure Facilities, Oil & Gas Drilling and HR Services topped the performance table. Conversely, discretionary segments such as Home Improvement Retail, Textiles and Health Care Equipment lagged. No major IPOs debuted during the session, but trading in recent listings like LIULIUMEI and EASY SMART GP remained active, each adding double-digit percentage gains.

Sources: Public market data, summarized media reports

Disclaimer: This content is for reference only and does not constitute investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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