Hong Kong Stocks Open Higher on July 16; Semiconductor Sector Retreats, Zh Jieyun Down Nearly 6%

SMIC-1.44%

The Hang Seng Index opened 0.58% higher on July 16, while the Hang Seng Tech Index gained 0.15%. The semiconductor sector faced headwinds, with Zhaojiyun Innovation and Lansun Technology declining nearly 6% each, while Huahong Semiconductor fell over 3% and SMIC retreated over 2%.

The news source is Tencent Auto Select Stock.

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