Hang Seng Index Soars 1.61% as Semiconductor Manufacturing Corp. Rallies 12.7%
The Hang Seng Index in Hong Kong has experienced a notable upward trend, rising 1.61% today and 4.44% over the past week, with a 30-day increase of 7.02%. This recovery is reflected in the performance of large-cap stocks, where Semiconductor Manufacturing International Corp. led with a 12.7% gain, while KE Holdings declined by 6.02%. Mid-cap stocks also showed strength, with Tianqi Lithium Corp. up 12.93%. Small-cap stocks saw Shanghai Dazhong Public Utilities excel with an 18.35% return. Overall, the market exhibited a positive advance-decline ratio of 1.26x, indicating strong investor sentiment.
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