Xin Lang Cai Jing·2025-12-04 04:04Market Overview - The Hong Kong stock market indices collectively rose, with the Hang Seng Index increasing by 0.19% to 25,809.45 points, the Hang Seng Tech Index up by 0.58%, and the National Enterprises Index rising by 0.38% [8][12]. Technology Sector - The technology sector showed mixed performance, with companies like Xiaomi, Bilibili, and Meituan rising over 2%, while Baidu fell by more than 0.5% [8][12]. Robotics Sector - Robotics stocks strengthened, particularly Sanhua Intelligent Controls, which surged over 9%. The U.S. Secretary of Commerce, Gina Raimondo, indicated strong government support for the robotics industry, with potential executive orders expected next year [3][11]. Semiconductor Sector - The semiconductor sector led the gains, with InnoSilicon rising over 4%. InnoSilicon has entered a strategic partnership with ON Semiconductor to accelerate the application of gallium nitride (GaN) technology, which is expected to generate hundreds of millions in sales over the coming years [12][6]. Innovative Pharmaceuticals - The innovative pharmaceuticals sector showed signs of recovery, with Gilead Sciences rising over 8%. A report from CICC indicated a leading rating for the mainland pharmaceutical industry, predicting a critical turning point by 2025 [12][13].