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Hong Kong stock market close: chip stocks surged; MiniMax fell 18% on first day of lock-up expiration.

2026-07-09 08:27:23

Mars Finance: Hong Kong's Hang Seng Index closed down 0.7%, while the Hang Seng Tech Index rose 0.01%. The chip and semiconductor sectors led the gains, with Smart-Core Holdings rising over 27%, GigaDevice up over 21%, Montage Technology up over 19%, SMIC up over 10%, and Hua Hong Semiconductor up over 8%. Gold stocks fell broadly, with Lingbao Gold and Laopu Gold each down over 5%, Zijin International Gold down over 4%, and Shandong Gold down over 4%. AI large model concept stock MiniMax plunged 18% on its first day of lock-up expiration. (Cailianshe)

HK500.18%

SMART-CORE27.73%

GIGADEVICE21.74%

MONTAGE TECH19.41%

SMIC10.22%

View Original

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