Movement Alert｜CSOP HS TECH Rises 3.06% in Regular Trading, Hang Seng Tech Index Stages Strong Rebound Lifting ETF

Market Focus

Sep 04

On September 4, CSOP HS TECH rose 3.06% in regular trading, trading at 4.516 HKD/share, with turnover of 759 million HKD. The gain was driven by a broad-based rebound in the Hang Seng Tech Index, which expanded its advance to 2.7% during the session.

The Hong Kong market staged a notable recovery, with the Hang Seng Index climbing over 2%. Among Hang Seng Tech Index constituents, Lenovo Group and Horizon Robotics surged over 5%, Baidu gained over 4%, while JD.com, Li Auto, Xiaomi, and SenseTime each rose more than 3%. Storage stocks also strengthened, with Montage Technology advancing nearly 5%. Multiple sectors including semiconductors, software services, and non-ferrous metals posted gains at the open.

The rebound followed a period of consecutive weakness in the Hang Seng Tech Index, which declined 1.08% on September 3 amid broad selling in internet and tech names. The sharp reversal triggered capital inflows back into related ETF products, propelling CSOP HS TECH higher during the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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