Total CEO says refining margins will be strong in 1H 2027.

At the Hong Kong close, the Hang Seng Index fell 0.59% and the Hang Seng Tech Index fell 2.84%; turnover HKD 189.45 bln. Weakness concentrated in online education, optical communications, PCB-related names, semiconductor stocks and mainland brokerage shares; nuclear power, domestic banks and oil outperformed. Notable stock moves: New Oriental (09901.HK) down over 14%, Jingwang Electronics (03228.HK) down over 13%, Cambridge Technology (06166.HK) down over 12%, Biren Technology (06082.HK) down over 10%, Huahong Hongli (01347.HK) down over 7%. Advancers included CGN Power (01816.HK) and Qingdao Bank (03866.HK) up over 3%, while PetroChina (00857.HK) and Hansoh Pharma (03692.HK) rose nearly 3%.

At its 2026 Innovation Day, co-founder, president and CTO Peng Zhihui said Zhiyuan Robotics' 1H2026 revenue was close to 2 bln yuan and cumulative production of its general AI robots reached 20,000 units.