HSI Rises 44 Points in Half-Day Trading as SMIC Jumps Over 3% and BIOCYTOGEN-B Surges 20%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2025
0mins
Source: aastocks
Market Performance: On December 24, the HSI rose by 44 points (0.17%) to close at 25,818, with a total market turnover of $92.524 billion. The HSCEI and HSTECH also saw slight increases.
US Tariff Extension: The US has extended the deadline for additional tariffs on Chinese chips to June 2027, impacting market dynamics.
Stock Movements: SMIC's share price increased by 3.1% after raising production prices, while Cathay Pacific's stock fell 0.5% due to leadership changes.
Notable Stock Changes: Biocytogen-B surged 22.2% after being added to the Southbound Stock Connect, while Playmates Toys dropped over 14% due to a licensing agreement expiration.
Analyst Views on 00293
Wall Street analysts forecast 00293 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00293 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 12.290
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Current: 12.290
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
