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Hong Kong Stocks Open Lower on July 13; Semiconductor Shares Tumble as Maxim Semiconductor Drops 12%

2026-07-13 01:41:56

HK500.17%

GIGADEVICE-15.28%

JPM-0.04%

On July 13, the Hang Seng Index opened down 0.07%, with the Hang Seng Tech Index declining 0.04%. The semiconductor sector led losses, with Maxim Semiconductor (GigaDevice) tumbling nearly 12% and Montage Technology falling over 3%. In contrast, Zhipu AI rallied nearly 5% after JPMorgan Chase raised its price target from 2,000 to 2,400 Hong Kong dollars.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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