Hang Seng Tech Index Rises 3% Intraday, MiniMax and Horizon Robotics Jump Over 7%
The Hang Seng Tech Index extended its intraday advance to 3% on Wednesday, as strong buying interest emerged in technology shares. Both MiniMax, a leading AI developer of large language models, and Horizon Robotics, a major autonomous driving chip designer, climbed more than 7%, underscoring investor appetite for high-growth tech firms. The rally was part of a broader sector-wide uptrend, fueled by upbeat market sentiment and expectations of further digital innovation across the region. Analysts attribute the gains to recent positive developments in AI and autonomous driving technologies, as well as hopes for policy support from the government. This momentum has propelled the index to a fresh session high, attesting to the resilient demand for tech assets in the current market environment.