Hong Kong Stocks Close Higher on July 14, Hang Seng Index Up 0.52%

According to Smart Finance, Hong Kong stocks closed higher on July 14, with the Hang Seng Index rising 0.52% (127.01 points) to 24,340.73 points, the Hang Seng Enterprises Index up 0.46% to 8,103.08 points, and the Hang Seng Tech Index up 0.06% to 4,679.46 points. Daily turnover reached 312.916 billion Hong Kong dollars.

China Hongqiao (02600) led blue-chip gainers with a 9.59% jump to HK$8.23 per share, after the company issued a positive earnings announcement forecasting first-half net profit of 11.2 to 12.2 billion yuan, a year-over-year increase of 58% to 73%. Computing hardware stocks surged, with PCB makers rebounding strongly as upstream manufacturers reported consolidated first-half earnings forecasts showing significant growth, validating improved sector momentum. Customs data released on July 14 showed first-half imports and exports of computing hardware components reached 5.13 trillion yuan, up 56.6% year-over-year.