HK Stock Market Move | SENASIC (06675) rose over 6% again as the company was included in the Hang Seng Composite Index, with the prospect of being added to the Stock Connect list in the future.

SENASIC (06675) has surged over 6%, with a cumulative increase of more than 80% since July 21. As of the time of writing, it has risen 6.07% to HKD 36.32, with a trading volume of HKD 10.55 million. In news, the Hang Seng Index Company has released its quarterly review results, which include SENASIC being added to the Hang Seng Composite Index. The changes to the Hang Seng Composite Index will be implemented after the market closes on September 4 (Friday) and will take effect from September 7 (Monday), at which point the Shanghai and Shenzhen Stock Exchanges will adjust the scope of investable stocks for the Hong Kong Stock Connect accordingly. SENASIC may be included in the Hong Kong Stock Connect as it meets a series of criteria, including market capitalization and liquidity. Public information indicates that SENASIC is a supplier of Physical AI edge computing chips. According to a Frost & Sullivan report, based on revenue projections for 2025, SENASIC is the third-largest automotive wireless sensor SoC company in the world and the largest in China. Just over two months after its listing, the company has been included in the Hong Kong Stock Connect list, reflecting the quick recognition of its liquidity and fundamentals by the Hang Seng Index system, which also highlights the asset scarcity in the Physical AI sector in the secondary market.