Market Performance - The Hong Kong stock market experienced a half-day trading session on February 16, with the Hang Seng Index rising by 0.59% to close at 26,723 points, while the Hang Seng Tech Index increased by 0.13% to 5,367.28 points, and the National Enterprises Index rose by 0.56% to 9,082.93 points [1] - For the year of the Snake, the Hang Seng Index has accumulated a gain of over 32%, the Hang Seng Tech Index has risen over 13%, and the National Enterprises Index has increased by over 23% [1] Sector Performance - The precious metals, semiconductor, and oil sectors showed strength, while defense, consumer discretionary, and hardware sectors underperformed [3] - Major technology stocks saw declines, with Alibaba down 0.26%, JD.com down 2.26%, and Xiaomi down 0.16%, while NetEase and Meituan saw gains of 2.32% and 0.43%, respectively [3] AI Sector Developments - AI application stocks surged, with Hong Kong's "AI twins" Zhizhu and MiniMax-W reaching new highs, with Zhizhu rising by 4.74% and MiniMax-W increasing by 24.26% [4] - Zhizhu launched its new flagship model GLM-5, which has gained popularity overseas, and announced a price increase for its AI programming subscription plan by at least 30% [6][7] Semiconductor Sector Insights - The semiconductor sector showed localized strength, with stocks like Zhaoyi Innovation and Lanke Technology rising by over 17% [9] - A price increase trend for storage chips is emerging, with Kioxia expected to implement a pricing policy that will raise average selling prices by approximately 50% starting in Q1 2026 [12] Precious Metals Market - The precious metals sector is performing strongly, with companies like Luoyang Molybdenum and Zijin Mining seeing gains of over 5% [8] - Analysts from ANZ have raised their Q2 gold price forecast from $5,400 to $5,800 per ounce, citing ongoing structural drivers despite recent price corrections [8]
港股蛇年收官:三大指数收红, 恒指涨0.59%全年累涨超32%,恒生科指涨0.13%盘中一度跌近2%,港股“AI双雄”齐创新高
Jin Rong Jie·2026-02-16 04:28