- On August 21, Hong Kong stock indices closed higher collectively, with the Hang Seng Index rising 1.21% to 26009.46 points and a total turnover of 2573 billion HKD.
- Gold and non-ferrous metal stocks surged across the board driven by rising international gold prices, while AI concept stocks rallied ahead of the Hang Seng index review.
- Insurance and software service stocks strengthened on positive financial results, whereas biomedical and new consumer stocks experienced pullbacks.
- On August 21, Hong Kong stocks maintained an upward trend in the afternoon, with the Hang Seng Index rising 0.91% to 25,932.30 points.
- Gold and resource stocks surged collectively driven by rising gold prices, while domestic insurance and financial stocks also strengthened.
- The total market turnover reached approximately 1794 billion HKD, with technology and property stocks showing mixed performances.
- Hong Kong stocks maintained an upward trend on August 20, with the Hang Seng Index rising 1.22% to 25807.29 points.
- The innovative drug sector surged significantly driven by Moderna mRNA vaccine developments and strong interim results, while gold stocks strengthened as spot gold broke 4500 USD.
- Meanwhile, internet technology stocks showed divergence, highlighted by Kuaishou dropping over 10% following weaker-than-expected financial results.
- Hong Kong stocks closed lower at midday on August 14, with the Hang Seng Index falling 0.93% to 25160.25 points and a turnover of approximately 1357 billion HKD.
- Major tech stocks declined generally, highlighted by JD dropping over 10% due to cautious market outlooks, while gold stocks rallied strongly driven by favorable earnings.
- Semiconductor stocks showed divergence as Huahony Semiconductor fell over 12% amid profit-taking, whereas SMIC rose nearly 2% supported by strong second-quarter revenue.
- On August 11, Hong Kong stock indices closed lower collectively, with the Hang Seng Index falling 1.10% to close at 25652.82 points and losing the 26000 mark.
- Large tech stocks, gold and non-ferrous metals, mobile phone supply chains, and new energy vehicle sectors experienced significant drops, while oil and gas stocks bucked the trend to rise.
- Spot gold fell below the 4400 US dollars per ounce mark, and geopolitical risks drove oil ratings up, leading to divergent market performances across different sectors.