Hong Kong Stock Market Midday Report: Hang Seng Index rose by 0.19%, technology stocks diverged, and robot concept stocks surged strongly.

In the early trading session, the three main Hong Kong stock indexes fell before quickly rebounding, with the Hang Seng Technology Index rising by more than 1.1% at one point and closing up 0.58% at midday. The Hang Seng Index and the Mainland Enterprises Index rose by 0.19% and 0.38% respectively. Large technology stocks showed mixed performance, with Xiaomi rising by nearly 3% while Baidu, Tencent, and Alibaba all trading in the red. It was reported that the Trump administration is pushing for the development of the robotics industry, leading to a surge in robot concept stocks, with the leader Sanhua Intelligent Control soaring by 9%. Pharmaceutical stocks collectively rose, with notable gains in innovative drug concept stocks, as well as active trading in semiconductor and mainland banking stocks. On the other hand, catering stocks, Macao casino stocks, and paper industry stocks all experienced declines.