手机产业链集体走高，发改委称将实施手机等数码产品购新补贴，AI有望推动手机销量回暖。比亚迪电子(00285)涨4%；丘钛科技(01478)涨5%；瑞声科技(02018)涨5.7%；舜宇光学(02382)涨3.95%。With overseas interest rate cuts and expectations for domestic economic recovery, the Nonferrous Metals Industry is expected to enter a new round of upward cycle.
According to Zhizhong Finance APP, the Hong Kong Hang Seng Index rose 0.87% in the morning, reporting 19,794 points; the Hang Seng TECH Index rose 1.37%.
The Nonferrous Metals Sector warmed up in the morning, as overseas rate cuts combined with domestic economic recovery expectations suggest that the Industry is likely entering a new upcycle. CMOC Group Limited (03993) rose 3.04%, reporting 5.43 Hong Kong dollars; JIANGXI COPPER (00358) rose 2.42%; CHINAHONGQIAO (01378) rose 2.46%; Aluminum Corporation Of China (02600) rose 2.48%.
The mobile Industry Chain collectively rose, as the Development and Reform Commission stated that new purchase subsidies would be implemented for mobile phones and other digital products, with AI expected to drive a recovery in mobile phone sales. BYD Electronics (00285) rose 4%; Q TECH (01478) rose 5%; AAC TECH (02018) rose 5.7%; Sunny Optical (02382) rose 3.95%.
Kingsoft Cloud (03896) rose over 9%, as the company continues to accelerate its AI layout, with ecological synergy expected to drive performance growth.
Suteng Juchuang (02498) rose over 12%, as interest in the Lidar market surges, with a global AI Robot launch conference taking place today.
SMOORE INTL (06969) rose over 9%, as the Stock-based Incentive demonstrates confidence in development, and Institutions are bullish on HNB business development potential.
SHANDONG XINHUA Pharmaceutical (00719) rose over 10%, with the company's A-shares hitting the trading limit, as the flu outbreak drove a surge in the sales of related medicines.
MINISO (09896) rose over 11% in early trading, as the company will launch co-branded products with 'Black Myth: Wukong'.
CTIHK (06055) rose 3.46%, with an expected annual net profit growth of no less than 30%, as Institutions expect the company to integrate resources from the China Tobacco system.
EAST BUY (01797) fell over 7%, having accumulated over a 30% rise in the past two weeks, with Citibank being bullish on the company's ability to capture the surge in demand for seasonal gifts during the Spring Festival.
SUNART RETAIL (06808) continued to decline over 5%, having previously plummeted by 30%, as it was cleared at a discount by Alibaba.