Hang Seng Index Rises 1.21% at Midday Break as Pharmaceutical Stocks Surge

36Kr learned that the Hang Seng Index rose 1.21% at the midday break, while the Hang Seng Tech Index gained 2.09%. Pharmaceutical stocks surged, with Maccura Biotechnology up more than 86%, Tianchen Biotech up more than 36%, and Keymed Biosciences up more than 20%. The semiconductor sector strengthened, with Shanghai Fudan up more than 13%, and Montage Technology and Axera Technology up more than 6%. Electrical equipment stocks led the declines, with Sunlight Energy and CATL down more than 1%. Southbound capital recorded a net outflow of HK$743 million.