- 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.
- On August 11, Hong Kong stocks fluctuated weakly, with the Hang Seng Index falling 0.93% to 25697.35 points.
- Biopharmaceutical and oil stocks strengthened against the market trend driven by positive catalysts and rising oil prices.
- Technology and auto stocks generally declined amid market wait-and-see sentiment, high inventory pressures, and upcoming earnings and inflation data.