Hong Kong stocks traded mixed in the morning; HSI fell 0.42% at half-day while the Hang Seng Tech Index rose 0.19%. Chip names led gains: Lanqi Technology (06809.HK) rose more than 10%, GigaDevice (03986.HK) nearly 7%, Hua Hong Hongli (01347.HK) over 4%, and SMIC (00981.HK) about 3%. Auto stocks weighed: BAIC Motor (01958.HK) fell over 5% at mid-session, XPeng (09868.HK) dropped more than 3%, and NIO-SW (09866.HK) was down 2.68%. Zhipu (02513.HK) opened strongly, spiking above 10% intraday and w

Hong Kong stocks traded mixed in the morning; HSI fell 0.42% at half-day while the Hang Seng Tech Index rose 0.19%. Chip names led gains: Lanqi Technology (06809.HK) rose more than 10%, GigaDevice (03986.HK) nearly 7%, Hua Hong Hongli (01347.HK) over 4%, and SMIC (00981.HK) about 3%. Auto stocks weighed: BAIC Motor (01958.HK) fell over 5% at mid-session, XPeng (09868.HK) dropped more than 3%, and NIO-SW (09866.HK) was down 2.68%. Zhipu (02513.HK) opened strongly, spiking above 10% intraday and was up 8.93% at midday.