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<H Shrs>HSI Closes Up 469 Pts as Chips/ Consumers/ Autos Thrive
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The HSI managed to snap its losing streak by concluding the day up 469 points or 1.8% at 25,910. The HSECI rose 171 points or 1.9%, closing at 9,250. The HSTECH climbed 152 points or 2.8% to close at 6,075. The total market turnover for the day amounted to HKD315.813 billion.

JD-SW (09618.HK), CATL (03750.HK), and GAC GROUP (02238.HK) spiked 2.1%, 1.8%, and 9.8%, as they had forged a partnership to launch a "national good car".

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Among other automakers, GEELY AUTO (00175.HK) and XPENG-W (09868.HK) surged 4.1% and 4%. LI AUTO-W (02015.HK), BYD COMPANY (01211.HK), LEAPMOTOR (09863.HK), and GWMOTOR (02333.HK) gained 2.6-3.4%.

In the tech sector, BABA-W (09988.HK) and BILIBILI-W (09626.HK) ticked up 3.9% and 4.5%. BIDU-SW (09888.HK) added 2.7%. MEITUAN-W (03690.HK), XIAOMI-W (01810.HK), NTES-S (09999.HK), and KUAISHOU-W (01024.HK) hiked 1.6-2%. TENCENT (00700.HK) advanced 1%.

In addition, JD HEALTH (06618.HK) and SENSETIME-W (00020.HK) soared 5.8% and 5.4%. NEW ORIENTAL-S (09901.HK), PA GOODDOCTOR (01833.HK), MEITU (01357.HK), and ALI HEALTH (00241.HK) shot up 3.9-4.3%. Handset component stocks Q TECH (01478.HK) and SUNNY OPTICAL (02382.HK) ballooned 3.2% and 3.3%.

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Sicarrier's subsidiary launched two EDA software products. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) swelled 3.6% and 5.3%. Chip equipment stock ASMPT (00522.HK) also spiked 4.6%. LENOVO GROUP (00992.HK) inclined 2.8%.

Consumer stocks delivered impressive performance, with POP MART (09992.HK) and MNSO (09896.HK) growing 3.8%. TOPSPORTS (06110.HK) and HAIDILAO (06862.HK) escalated 4.4% and 5.3%. MIXUE GROUP (02097.HK) leaped 6.6%. MAO GEPING (01318.HK) and LAOPU GOLD (06181.HK) rocketed 9.7% and 9.2%.
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