Stock Performance: INNOSCIENCE (02577.HK) opened up 11.2% at HKD59.8 and is currently trading at HKD57.05, reflecting a 6.04% increase with a trading volume of 7.9764 million shares.

Short Selling Activity: The company has experienced short selling amounting to $36.42 million, with a short selling ratio of 9.923%.

Product Development: INNOSCIENCE has completed key design integration of its products into Google's AI hardware platforms.

Supply Agreement: The company has secured a compliant supply agreement related to its products.

Market Performance: The HSI closed up 44 points (0.17%) at 26,629, while the HSCEI fell 8 points (0.1%) to 9,114. The HSTECH rose 16 points (0.28%) to 5,762, with a total market turnover of HKD234.86 billion.

Chip Stocks Rally: Following a rally in memory chip stocks, ASMPT surged 6.3% to HKD108.2, while other chip makers like SMIC and HUA HONG SEMI also saw gains, reflecting positive sentiment in the sector.

Tech Stock Movements: BIDU-SW increased by 4.1% after JPMorgan raised its target price, while TENCENT and MEITUAN-W dipped slightly. BABA-W and JD-SW experienced modest gains.

Automotive and AI Stocks: BYD edged up 0.7%, while XPENG and SERES saw declines. AI stocks like UNISOUND and FOURTH PARADIGM dropped significantly, indicating volatility in the tech and automotive sectors.

Market Performance: The HSI fell 0.1% to 26,558, while the HSCEI and HSTECH also experienced declines of 0.3% and 0.4%, respectively, with a total half-day turnover of $131.628 billion.

Chip Stocks Surge: External memory chip stocks saw significant gains, with Disco hitting the day limit and ASMPT rising 6%, while other chip stocks like HUA HONG SEMI and INNOSCIENCE also posted positive performances.

Tech Stock Movements: KINGDEE INT'L surged 3.2% on profit expectations, while BIDU-SW rose 4.2% after positive forecasts from JPMorgan; however, major players like TENCENT and MEITUAN-W saw slight declines.

Economic Indicators: China's unemployment rate remained stable at 5.1%, and the Loan Prime Rate for January 2026 was unchanged at 3.00%, aligning with forecasts.

Stock Performance: INNOSCIENCE's share price increased by 6.98% to $66.65 after chairperson Luo Weiwei announced a lock-up undertaking for her 160 million shares, preventing any reduction in her holdings for 12 months.

Market Activity: The stock opened with a 5.46% gain and reached a high of $67.75, with a trading volume of 4.967 million shares amounting to $330 million.

US Military Action Impact: The US military action against Venezuela caused initial drops in international oil prices, which later rose during Asian trading hours.

Hong Kong Market Performance: The Hong Kong stock market opened higher, with the HSI up 22 points, while various tech stocks showed mixed performance, with some gaining and others declining.

Tech Sector Highlights: KUAISHOU-W and BABA-W saw significant gains, while companies like BIDU-SW and INNOSCIENCE experienced declines in their stock prices.

Investment and R&D Developments: SMIC received increased investment from the China Integrated Circuit Industry Investment Fund, and Xiaomi announced plans to invest heavily in R&D and set ambitious car delivery targets.