Hong Kong Stocks Closed Mixed, Xiaomi-W Rose 0.95%, DOBOT Surged By 6.36% and Sunac China Fell 5.46%

Market Watcher
03-19

On March 19, 2025, the Hong Kong stock market closed with mixed results. The Hang Seng Index (HSI) rose by 0.12% and the Hang Seng Tech Index (HSTECH) dropped by 1.05%.

XIAOMI-W rose by 0.95%. Xiaomi released its strongest annual report to date, showing significant growth in revenue and net profit for the 2024 fiscal year. The company also raised its 2025 electric vehicle delivery target to 350,000 units, which positively impacted its stock price.

ANTA SPORTS fell by 3.93%. The company announced its annual results, showing a 52% increase in net profit. However, the market reacted negatively to the overall performance.

DOBOT surged by 6.36%. The company reached a new high since its listing, driven by the release of a full-sized humanoid robot, which attracted significant market attention.

SUNAC dropped by 5.46%. The company's liquidation hearing was postponed to March 24, causing market concerns and investor worries about its financial situation.

REMEGEN rose by 10.22%. The company announced that the results of its Phase III study on Telitacicept for treating generalized myasthenia gravis were selected for a major oral presentation at the 2025 AAN Annual Meeting. The company will also hold a board meeting on March 27 to approve its annual results.

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