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<H Shrs>HSI Sags 161 Pts Midday in Yr of Horse; Robotics/ AI Model Stocks Spike; PetroChina, CNOOC Hit Record Highs
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At midday close, the HSI shrank 161 points or 0.6% at 26,544; the HSCEI dropped 53 points or 0.6% to 9,016; and the HSTECH lost 122 points or 2.3% to 5,245. The total market turnover for the half-day amounted to HKD91.755 billion.

Oil producers PETROCHINA (00857.HK) and CNOOC (00883.HK) mounted 4.6% and 3.3%, with CNOOC setting an all-time high of HKD26.16 during the session, while PetroChina reached a peak not seen in over a decade. Oil service stock CHINA OILFIELD (02883.HK) spiked 3.9%. Energy transport stock COSCO SHIP ENGY (01138.HK) surged 6.2%, and shipper SITC (01308.HK) swelled 4.8%.

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The robot martial arts performance at the CCTV Spring Festival Gala went viral, leading to a surge in robotics concept stocks. DOBOT (02432.HK) and ROBOSENSE (02498.HK) skyrocketed 19.2% and 9.4%, while UBTECH ROBOTICS (09880.HK), SANHUA (02050.HK), and HESAI-W (02525.HK) shot up 6.6-6.7%. AI model stocks rallied, with HAIZHI TECH GP (02706.HK) and KNOWLEDGE ATLAS (02513.HK) each surging over 19%, and MINIMAX-WP (00100.HK) soaring 10%.

Other techs subsided, with BABA-W (09988.HK) and BIDU-SW (09888.HK) down 3.7% and 5.7%. TENCENT (00700.HK), MEITUAN-W (03690.HK), and JD-SW (09618.HK) shed 1.4-2%. KUAISHOU-W (01024.HK) and NTES-S (09999.HK) slid 2.4% and 3.2%. MEITU (01357.HK), PA GOODDOCTOR (01833.HK), XD INC (02400.HK), and TME-SW (01698.HK) fell off 4-4.5%. JD HEALTH (06618.HK), BILIBILI-W (09626.HK), KINGDEE INT'L (00268.HK), GDS-SW (09698.HK), and UNISOUND (09678.HK) sank 5-5.5%, while CHINA LIT (00772.HK) cratered 7.8%.

Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) dipped 1.6% and 3.8%, while ILUVATAR COREX (09903.HK) slipped 6.5%. In the automobile sector, BYD COMPANY (01211.HK), XIAOMI-W (01810.HK), LI AUTO-W (02015.HK), and XPENG-W (09868.HK) faded 1.7-2.6%, with SERES (09927.HK) down 4.5%. Autonomous driving stocks WERIDE-W (00800.HK) and PONY-W (02026.HK) tumbled 6% and 3.4%.

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