<p>On August 4th, the Hong Kong stock market opened higher, with the Hang Seng Index up 1.3%, the Hang Seng TECH Index up 2.4%, and the Hang Seng China Enterprises Index up 1.66%. After an initial rise, the three major indexes experienced a slight retreat and remained volatile throughout the day. The Hang Seng Index closed up 0.61%, the Hang Seng China Enterprises Index closed up 1.21%, and the HSTECH ETF closed up 2.06%.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/3091899e-503f-478d-ba7e-713983772a56.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/3091899e-503f-478d-ba7e-713983772a56.png"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/9f8d7739-d2f8-4108-b001-61c1a5258ffc.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/9f8d7739-d2f8-4108-b001-61c1a5258ffc.png"/></p>
<p>A total of 687 stocks rose, 822 remained unchanged, and 716 declined on the main board today. The net outflow of southbound funds was 5.737 billion Hong Kong dollars.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d88024e9-c378-4681-ba70-a2b388d97c90.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d88024e9-c378-4681-ba70-a2b388d97c90.png"/></p>
<p>In terms of sector performance, the film and television media, online education, telecommunications, and finance sectors performed well, while the property, power, and coal sectors declined.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/dfc61902-63cd-40e0-b498-f2dc7af9c620.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/dfc61902-63cd-40e0-b498-f2dc7af9c620.png"/></p>
<p>Bilibili opened with a gain of over 10%, but the gain later narrowed, closing up 6.58%. NIO rose nearly 6%, JD.com rose over 3%, and Meituan, Li Auto, NetEase, Weibo, Alibaba, and XPeng Motors rose over 2%.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/5fd0f642-9d44-4b1e-af82-5a781d7ec7c2.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/5fd0f642-9d44-4b1e-af82-5a781d7ec7c2.png"/></p>
<h2>Strong Performance in the Film and Television Media Sector</h2>
<p>Maoyan Entertainment rose over 17%, while Alibaba Pictures and Huanxi Media rose over 4%.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/2dc36991-b6ad-41f1-b614-3e78482662ff.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/2dc36991-b6ad-41f1-b614-3e78482662ff.png"/></p>
<h2>Telecommunications Sector Leads the Gains</h2>
<p>China Unicom rose by about 2%, China Mobile rose over 1%, and China Telecom saw a slight increase of 0.26%.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/69ce38a1-d3b2-4dec-bb14-26d2f6077845.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/69ce38a1-d3b2-4dec-bb14-26d2f6077845.png"/></p>
<h2>Active Financial Sector</h2>
<p>中州 Securities rose more than 4.8%, CITIC Securities, Shenwan Hongyuan, and others led the gains. Guolian Securities opened higher but fell back, closing down 9% in the afternoon.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d10afa83-d8d0-44a7-9054-db21360222bd.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d10afa83-d8d0-44a7-9054-db21360222bd.png"/></p>
<p>China Pacific Insurance rose nearly 6%, leading the insurance sector, with Zhongan Online, China Life Insurance, and others following suit.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/3fd7b12e-6b1b-4abd-9d80-a913f6ff157b.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/3fd7b12e-6b1b-4abd-9d80-a913f6ff157b.png"/></p>
<h2>Real estate stocks closed higher</h2>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/8d00141b-f00e-4d5d-b3fb-f3c51bc668f9.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/8d00141b-f00e-4d5d-b3fb-f3c51bc668f9.png"/></p>
<h2>Precious metals strengthen</h2>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ff6fbbb0-a343-45b2-9749-c07b52b69f37.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ff6fbbb0-a343-45b2-9749-c07b52b69f37.png"/></p>
<h2>Mixed performance for traditional energy stocks</h2>
<p>Yanzhou Coal Australia, Sinopec, and PetroChina rose more than 1%, while CNOOC rose by about 0.8%.</p>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/66077e6f-5059-4fbe-b9f8-ef739eca1c7a.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/66077e6f-5059-4fbe-b9f8-ef739eca1c7a.png"/></p>
<h2>Power sector declines</h2>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/2b9cf227-bb8a-4f6a-be34-d1915f7086ba.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/2b9cf227-bb8a-4f6a-be34-d1915f7086ba.png"/></p>
<h2>Biopharmaceuticals close higher in the final trading session</h2>
<p><img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/62bcf4a8-0256-4903-9967-552743044374.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/62bcf4a8-0256-4903-9967-552743044374.png"/></p>

<p>Southbound funds net sold HKD 5.737 billion, NIO-SW rose nearly 6%, JD-SWR rose over 3%, CLOUD MUSIC, Weibo, Alibaba, XPENG-W rose over 2%.</p>

Wallstreetcn

JD.com

NetEase

Weibo

Alibaba

XPeng

NIO-SW

JD-SW

JD-SWR

NETEASE MUSIC

NTES-S

WB-SW

BABA-W

XPENG-W

NIO Inc. USD OV

Hong Kong stocks rose and then fell back, with the Hang Seng Technology Index up 2.06%. The film and television media and telecommunications sectors led the gains, with Bilibili rising over 6.5%.