On the first trading day of the Year of the Horse, Hong Kong stocks closed with the Hang Seng Index down 1.10% and the Tech Index down 2.91%. Artificial intelligence and robotics concept stocks rallied throughout the day, with Zhipu (02513.HK) surgin

2026-02-20

On the first trading day of the Year of the Horse, Hong Kong stocks closed with the Hang Seng Index down 1.10% and the Tech Index down 2.91%. Artificial intelligence and robotics concept stocks rallied throughout the day, with Zhipu (02513.HK) surging 42.72% intraday, reaching a high of HK$725, pushing its total market capitalization above HK$320 billion. MINIMAX-WP (00100.HK) closed up 14.52%.