Hang Seng Index Closes Up 0.28%, Hang Seng Tech Index Rises 0.62%

36Kr reports that the Hang Seng Index closed up 0.28% and the Hang Seng Tech Index gained 0.62%. Hardware equipment led the gains, with J&T Composite Materials rising over 11%, Cambridge Technology up more than 7%, and Longcheer increasing by over 4%. The semiconductor sector strengthened, with Fourier Technologies surging over 22%, GigaDevice up 5%, and Hua Hong Macroforce gaining more than 4%. Software services posted strong gains, with Sunmi Technology rising over 10%, Zhipu AI up more than 6%, and Haiqing Zhiguan increasing by over 5%. Paper & Packaging, Steel, Automotive & Parts sectors led the declines, with Shoujia Technology falling over 9%, Jia Yao Holdings dropping nearly 5%, and Leapmotor down more than 1%. Southbound funds net bought HK$6.864 billion.