Xin Lang Cai Jing·2026-01-21 08:12Market Overview - The Hong Kong stock market indices collectively rose, with the Hang Seng Index increasing by 0.37% to close at 26,585.06 points, the Hang Seng Tech Index rising by 1.11%, and the State-Owned Enterprises Index up by 0.31% [1][5]. Sector Performance - Technology stocks showed mixed performance, with Kuaishou and Baidu rising over 3%, Alibaba and Bilibili increasing over 2%, while NetEase and Lenovo fell over 3% and 2% respectively [1][5]. - Gold stocks continued to strengthen, with Chifeng Jilong Gold Mining rising over 9%. The international gold price reached a historic high of $4,800 per ounce, with a monthly increase of over 10% [2][6]. - The semiconductor sector led the gains, with Tianjin Zhonghuan Semiconductor rising by 8%. Analysts suggest that the domestic semiconductor industry presents a clear investment opportunity due to ongoing localization efforts [3][7]. - The real estate sector showed divergence, with Vanke rising over 5% and Sunac China falling over 5%. Vanke's bond extension plan was approved, and the Ministry of Housing and Urban-Rural Development emphasized stabilizing the real estate market this year [3][7].