Hong Kong tech stocks and semiconductor stocks collectively surged, with JD.com, Alibaba, and Li Auto rising 4% each. Pop Mart plummeted 22%.

For stock trading, look at the Jin Qilin analysts’ research reports—authoritative, professional, timely, and comprehensive. Help you uncover promising theme opportunities!

Reporter | Li Yutong, trainee reporter Lin Qianwei

Editor | Wu Guixing

On March 25, Hong Kong stocks rose across the board. The Hang Seng Index closed up 1.09%, and the Hang Seng Tech Index closed up nearly 2%.

After the midday session, internet and technology stocks probed lower before rebounding. By the close, Meituan was up nearly 14%, JD.com and Alibaba and Li Auto were up more than 4%, Byd Electronics was up more than 3%, and NIO was up nearly 2%.

The semiconductor sector gained collectively. Biren Technology was up more than 5%, Lanchi Technology was up more than 4%, SMIC and Hua Hong Semiconductor were up more than 2%, and Tianshu Zhixin, Zhaoyi Innovation, Shanghai Fudan, and others also followed higher. AI application stocks surged: Zhipu was up more than 16%, MINIMAX-W was up more than 4%. Non-ferrous metals and steel were among the top gainers.

On the downside, new consumer concept stocks led the declines. Pop Mart fell more than 22%; sales revenue of non-Labubu IP products did not meet expectations; Mixue Group fell more than 5%.

		Sina Statement: This news was reposted from Sina’s partner media. Sina.com has published this article for the purpose of disseminating more information. It does not mean that Sina endorses its views or verifies the descriptions. The content of the article is for reference only and does not constitute investment advice. Investors act at their own risk.

Massive information and precise interpretation—find it all on the Sina Finance APP

责任编辑：杨红卜