Zhi Tong Cai Jing·2026-02-26 09:05Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 1.44% to close at 26,381.02 points, and a total trading volume of 259.27 billion HKD [1] - The Hang Seng China Enterprises Index dropped by 2.44%, while the Hang Seng Tech Index decreased by 2.87% [1] Blue-Chip Performance - Cheung Kong Holdings (00001) saw a notable increase of 4.52%, closing at 64.8 HKD, contributing 12.09 points to the Hang Seng Index [2] - The sale of UK Power Networks by Cheung Kong's subsidiaries was valued at over 110 billion HKD, with each company selling their respective stakes [5] - Other blue-chip stocks like Cheung Kong Infrastructure (01038) and Power Assets Holdings (00006) also reported gains, while New Oriental (09901) and Innovent Biologics (01801) faced declines [2] Sector Highlights - Large technology stocks faced pressure, with Alibaba down 3.57% and Tencent down 2.01% [3] - Power equipment stocks performed strongly, with Dongfang Electric (01072) rising by 15.52% and Harbin Electric (01133) increasing by 7.15% [3] - The AI computing sector saw significant gains, with Tensent Intelligence (09903) up 20.27% following strong earnings from Nvidia [4] Lithium Sector - Lithium stocks experienced volatility, with major players like Contemporary Amperex Technology (03750) and Ganfeng Lithium (01772) showing mixed results due to Zimbabwe's export ban on lithium [6] - The ban is expected to tighten lithium supply, potentially driving prices up significantly [6] Notable Stock Movements - MINIMAX (00100) showed strong performance, rising 4.64% amid positive analyst reports [7] - Conch Cement (00914) fell by 6.97% following a significant share sale by a subsidiary [8] - Hysan Development (00014) dropped 6.88% after releasing its annual results, which showed a slight increase in revenue but a decrease in recurring profit [9] - Yancoal Australia (03668) faced pressure post-earnings, with a 5.63% decline in share price due to a significant drop in revenue and profit [10]