On January 9, 2026, the Hong Kong stock market closed with mixed results. The Hang Seng Index rose by 0.32%, the Hang Seng China Enterprises Index increased by 0.10%, the Hang Seng Tech Index gained 0.15%, and the Hang Seng Composite Index climbed 0.16%.

In terms of sectors, the blockchain concept stocks in Hong Kong saw a notable increase, with OSL GROUP rising 2.59% and SINOHOPE TECH surging 6.25%. The SaaS concept stocks also performed well, with KINGDEE INT'L up 2.99% and WEIMOB INC gaining 2.55%. However, the paper industry stocks experienced a decline, with no significant individual stock movements reported.

MINIMAX-WP saw a remarkable surge of 109.09% on its first trading day, closing at HKD 294. The company's IPO was highly anticipated, with an oversubscription rate of 1836 times, driving significant interest in the market.

BABA-W rose by 2.73% as the company announced increased investment in Taobao Flash Sale, aiming to achieve market leadership by 2026. The strong growth in the fourth quarter of 2025 and reduced losses have bolstered confidence in this business segment.

XIAOMI-W experienced a slight decline of 0.53%. The company announced a limited-time price reduction for its Xiaomi 17 Standard Edition, which may have influenced investor sentiment.

BYD COMPANY saw a minor decrease of 0.11% following a Goldman Sachs report predicting pressure on domestic profits in the Chinese automotive industry for 2026, despite the company's strong position in overseas expansion.

LAOPU GOLD increased by 5.52% due to strong sales momentum during the New Year period and positive market outlooks from analysts, reflecting investor confidence in the company's performance.

GCL TECH fell by 7.89% after the market regulatory authority's meeting with major photovoltaic industry players, highlighting monopoly risks and urging corrective measures, which negatively impacted related stocks.