On June 1, 2026, the Hong Kong stock market closed higher. The Hang Seng Index rose by 0.86%, the Hang Seng China Enterprises Index increased by 0.97%, the Hang Seng Composite Index climbed by 1.00%, and the Hang Seng Tech Index advanced by 1.65%.

In terms of sectors, the Hong Kong blockchain concept stocks saw significant gains, with OSL GROUP up 2.91%, MEITU up 26.15%, and CHINA RUYI up 11.76%. The Hong Kong SaaS concept stocks also performed well, with KINGDEE INT'L rising 19.39%, WEIMOB INC up 7.94%, and KINGSOFT up 10.69%.

MEITUAN-W surged 6.54%, driven by strong quarterly earnings that exceeded market expectations, reflecting robust growth in its food delivery and in-store, hotel, and travel segments.
XIAOMI-W rose 2.43% as the company announced a strategic partnership with a leading global tech firm to enhance its AI and IoT capabilities, boosting investor confidence in its future growth prospects.
LENOVO GROUP increased by 5.17% after the company reported a significant increase in its PC and smart device sales, driven by strong demand in both consumer and commercial markets.
COSCO SHIP HOLD climbed 5.29% following news of a major contract win to provide shipping services for a large multinational corporation, which is expected to significantly boost its revenue.
YANKUANG ENERGY jumped 6.80% as the company benefited from rising coal prices and strong demand for energy, leading to higher profit margins.
NIO-SW gained 6.68% after the company announced a new model launch and expansion plans into additional international markets, which are expected to drive future sales growth.
SENSETIME-W rose 6.02% on the back of positive market sentiment following the announcement of new AI product developments and strategic partnerships.
CHINA COAL increased by 7.12% due to favorable market conditions and rising coal prices, which are expected to enhance the company's profitability.
HELENS saw a 7.50% rise as the company reported strong sales growth in its latest financial results, driven by successful marketing campaigns and new store openings.
PANGAEA CONNECT soared 52.46% after the company announced a major breakthrough in its technology, attracting significant investor interest and optimism about its future prospects.