The Hang Seng Index was little changed on Tuesday, inching up 0.1% to 26,015 as investors turned cautious ahead of the release of the US July CPI report later in the day. Overall sentiment was supported by sustained interest in Chinese equities and solid corporate earnings, but weakness in technology names weighed on the market after semiconductor stocks dragged Wall Street lower overnight.
Techtronic Industries remained in the spotlight after the power-tool maker reported first-half profit that exceeded market expectations, with its gross margin climbing to a record 42.9%. Investors also closely followed Creality following its Hong Kong debut, as the Shenzhen-based 3D-printer manufacturer aims to shift toward higher-value, more user-friendly products. At the same time, a steady pipeline of IPOs continued to bolster market confidence.
Among notable movers were Meituan (up 2.3%), MiniMax (up 2.4%), Zijin Gold International (up 0.8%), Wuxi Biologics (up 2.0%), and XtalPi Holdings (up 4.2%).
