Hong Kong stocks closed mixed; HSI fell 0.07% while the Hang Seng Tech index
rose 0.32%. PCB-related names outperformed — 03200.HK +11% and 01888.HK ~+2%.
Large domestic banks advanced, with 01658.HK up over 6% and 03988.HK up over 5%.
Liquid-cooling/thermal management plays gained: 00285.HK +9%, 02018.HK +8%. Coal
names were active (01277.HK +4%, 01171.HK +1%); chip stocks rallied into the
close, 06082.HK +18%. Other active sectors included OLED, optical
communications, home appliances, robotics, AI applications and brain–computer
interface. Lagging sectors: property, base metals, gold, retail, airlines,
biomedicine and lithium batteries. Selected stocks: 00100.HK +16%, 02513.HK +9%.
