Hong Kong Stock Midday Review | Hang Seng Index rose 0.62% in the morning session, Chinese brokerage stocks continued to rise

According to Zhitong Finance APP, the Hang Seng Index rose 0.62%, up 156 points, closing at 25,426 points; the Hang Seng Tech Index rose 1.96%. The Hong Kong stock market had a turnover of HKD 172 billion in the morning session. Chinese brokerage stocks continued to rise, with the Shanghai Composite Index hitting a nearly ten-year high. Institutions noted a gradually active trend in resident investment behavior. Guolian Minsheng (01456) rose 5.93%; China International Capital Corporation (03908) rose 5.31%; Zhongzhou Securities (01375) rose over 5%; CITIC Securities (06030) rose 4%. Film and television stocks strengthened in the morning, with summer box office revenues continuing to soar, and the positive word-of-mouth of leading films driving a rebound in overall viewing demand. Lemon Films (09857) rose 37%; Damai Entertainment (01060) rose 11%; Maoyan Entertainment (01896) rose 6.05%. Yuewen Group (00772) rose over 20% again, with the company's performance in the first half of the year slightly exceeding expectations, and the market is focused on the company's IP commercialization progress. ZTE (00763) rose over 9%, with A-shares hitting the daily limit in the morning session, as the company has been vigorously expanding its smart computing and AI terminal businesses in recent years. CON AERO TECH (00232) rose over 26%, expecting nearly a sevenfold increase in net profit for the first half of the year, as the company is a manufacturer of general aviation piston engines. Shengtong Technology (02495) rose nearly 40%, with the company expecting net profit in the first half of the year to exceed 50 million yuan, achieving a turnaround from losses year-on-year. Dongwu Cement (00695) surged over 25% during the session, with a cumulative increase of over 100% this month. It is expected that the loss in the first half of the year will decrease by about 67.6% year-on-year. Jinshang Machine Tool China (01651) rose over 14%, as the company actively explores new markets such as AI liquid cooling joints and automotive electric braking systems. Jiufang Zhitu Holdings (09636) rose over 14% to a new high, with its subsidiary Jiufang Zhiqing entering the "Mosu Space". Standard Chartered Group (02888) fell 2.58%, as U.S. lawmakers accused it of public sentiment disturbance, following severe fluctuations in its stock price in London