- The Renaissance International IPO Index rose 1.3 % last week, outpacing the ACWX ex-US ETF, with Zijin Gold International and Kokusai Electric experiencing contrasting performances.
- Unitree Robotics surged 346 % in its Shanghai STAR IPO, highlighting robust activity in Mainland China's market alongside notable gains from several Indian listings.
- Upcoming market pipelines feature major expected offerings, including SHEIN's anticipated Hong Kong listing targeting a valuation of 26 billion dollars or more and new deals across India and other global regions.
- 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.
- On August 20, the Hang Seng Index rose 0.8% and the Hang Seng Tech Index increased by 0.39%.
- Among Hong Kong stocks with a market value exceeding 100 billion, Sino Biopharmaceutical surged 12.53% and Zijin Gold International gained 11.25%.
- Conversely, Kuaishou-W dropped 11.01% and Hengrui Pharma declined 9.63%.