Hong Kong Market Surges Significantly as Tech Stocks Rally

WhaleWatcher · 2026-02-22T12:05:52+00:00

Hong Kong's equity markets saw substantial gains, led by the technology sector, with the Hang Seng Index rising 422 points. Montage Technology's successful IPO further boosted market confidence, highlighting strong investor interest.

WhaleWatcher

2026-02-22 12:05:52

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Hong Kong’s equity markets delivered a strong performance during the trading session, with technology stocks leading the advance. The shift marks a significant turnaround in investor sentiment across the region’s major exchanges.

Hang Seng Index Climbs Over 400 Points

The Hang Seng Index rose substantially by 422 points to close at 26,982, representing a 1.59% gain for the session. According to RTHK, this rally reflects renewed buying interest in Hong Kong’s blue-chip stocks, pushing the benchmark significantly higher as trading momentum built throughout the day.

Technology Sector Leads the Gains

The Technology Index demonstrated particularly strong performance, advancing 101 points to reach 5,447, marking a 1.9% increase. This outperformance underscores the sector’s appeal to investors seeking exposure to the region’s growing tech industry, with the category significantly outpacing the broader market advance.

Montage Technology’s Strong IPO Debut

Adding to the market’s positive momentum, mainland chip design company Montage Technology made its market debut on a strong note. The stock opened at 168 yuan on its first trading day, commanding a 57% premium over its initial offering price. This robust reception signals investor confidence in the semiconductor sector amid continued demand for advanced chip design capabilities in the region.

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