Bullish

Zhihu Stock Surges 22% While Hang Seng Tech Index Gains 1%

2026-07-31 10:42:47

Zhihu leads tech rally with 22% gain as Hang Seng Tech Index recovers 1%. MiniMax and Lenovo also post double-digit or high single-digit gains.

Woofun AI data shows that the Hang Seng Tech Index climbed over 1% during the session, recovering from an earlier 0.7% decline. The broader Hang Seng Index approached positive territory after previously dropping 1%. Zhizhu shares jumped more than 22%, while MiniMax advanced nearly 13%. Lenovo Group rose over 8%, and both Hua Hong Semiconductor and Alibaba gained more than 5%.

WOOFUN AI

Impact Assessment · Quick Read

The sharp rebound in Zhihu and other tech names suggests renewed investor appetite for Chinese technology equities. This intraday recovery may signal short-term sentiment improvement, though sustained momentum depends on broader market stability. Investors should monitor whether this rally extends beyond session-specific volatility.
Generated by WOOFUN AI · For reference only, not investment advice

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