Hong Kong Stock Afternoon Review|Hang Seng Index rose 1.46% in midday trading Hang Seng Innovative Drugs Index surged 6.97%

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 1.46% to 354 points to 24,695 points; the Hang Seng Technology Index rose 1.39%. Hong Kong stocks traded HK$174.8 billion at noon.

The Hang Seng Innovative Drugs Index surged 6.97%, while the Hang Seng Biotech Index rose 6.13%. Innovative drugs have been included in the basic drug catalogue for the first time, and implementation at the grassroots level is expected to be greatly accelerated. Collumbotai Biotech (06990) rose 10.9%; Cinda Biotech (01801) rose 9.72%; and Kangfang Biotech (09926) rose 9.9%.

Zhaoyan New Pharmaceutical (06127) rose more than 21%. The highest net profit in the first half of the year increased by 1,37% year on year, and the value of experimental monkey soared to 200,000 yuan.

Keji Pharmaceutical-B (02171) rose by more than 4%, and Kailimei® research results will be displayed on a poster at the 2026 ESMO annual meeting.

Corning Jerry Pharmaceutical-B (09966) rose more than 9%, and KN026 was recognized as a breakthrough treatment for first-line HER2-positive breast cancer.

Rebon Pharmaceutical-B (09637) rose more than 7%. Two major institutions, GIC and LAV, increased their holdings on the same day, and AP301 has already entered the NDA sprint stage.

Insili Intelligence (03696) rose another 11%, and the company and Borui announced a strategic alliance with a potential total value of more than 2.5 billion US dollars.

DeepSeek is in contact with new investors, hoping to start a new round of financing, and the big model Shuang Xiong will join hands to strengthen. MINIMAX-W (00100) rose more than 13%; Wisdom Spectrum (02513) rose more than 7%.

Overnight, the US stock SK Hynix ADR (SKHY.US) soared more than 27%, and the South doubled and Hynix (07709) surged more than 24%.

Tencent (00700) rose more than 3%. Tencent officially released the mixed Hy 3 models at the beginning of this month, which is expected to enter the first tier.

Dipu Technology (01384) rose more than 13% and signed an investment cooperation agreement with the Yueyang Lingang High-tech Zone Management Committee to build an AI service platform for the regional industry.

Botai Auto Union (02889) rose more than 9%. The company continued to lay out the optical communication industry chain and open up a new growth track beyond smart cockpits.

China Duty Free (01880) rose more than 5%, and net profit returned to mother increased 19.49% year-on-year in the first half of the year, continuing to promote the operation of duty-free shops at key airports.

China Building Materials (03323) fell by more than 10%. It is estimated that profit and loss will be about 890 million yuan in the first half of the year, and goodwill impairment provisions will increase.