Hong Kong Tech Index Rises 2.05% as Physical AI Sector Strengthens, MiniMax Surges 16.7%

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The Fear and Greed Index showed early signs of shifting toward optimism as the Hong Kong stock market rebounded in the afternoon. The Hang Seng Index closed up 0.69% at 23,093.37 points, while the Hang Seng Tech Index rose 2.05% to 3,871.66 points. The physical AI sector led the gains, with MINIMAX-W (00100.HK) jumping 16.7%, Wuyi Vision (06651.HK) surging over 30%, and ZhiPu (02513.HK) climbing over 8%. Altcoins to watch may benefit from the broader market momentum.

Odaily Planet Daily report: Hong Kong stocks fluctuated and touched a low, then rebounded steadily in the afternoon; the Hang Seng Index closed up 0.69% at 23,093.37 points. The Hang Seng Tech Index closed up 2.05% at 3,871.66 points. As of today’s close, the total turnover of the Hang Seng Index market reached HK$249.784 billion.

On the market, the Physical AI sector led gains, with automotive stocks and humanoid robotics concepts strengthening, while storage and lithium battery sectors showed signs of recovery; bank stocks declined against the trend. Among individual stocks, Onefive Vision (06651.HK) rose over 30%, MINIMAX-W (00100.HK) gained 16.7%, GigaDevice (03986.HK) and Zhipu (02513.HK) both advanced more than 8%, BYD Company (01211.HK) climbed over 6%, CATL (03750.HK), Dongfang甄选 (01797.HK), and XPeng Inc. (09868.HK) all rose over 5%; Cloudmed (01952.HK) fell 9.8%, BrainCo-B (06681.HK) dropped 8.85%, and Lenovo Group (00992.HK) declined over 2%. (Jinshi)

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