---
title: "Hot trades in Hong Kong stocks (7.29)｜Xiaomi's stock price hits a 1-month low, while innovative drug concepts buck the trend and rise!"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/32331585.md"
description: "The three major Hong Kong stock indices collectively retreated. WuXi AppTec's performance ignited the CRO sector, while tech stocks faced pressure, dragging down the indices."
datetime: "2025-07-29T07:02:59.000Z"
locales:
  - [en](https://longbridge.com/en/topics/32331585.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/32331585.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/32331585.md)
author: "[热点君](https://longbridge.com/en/profiles/1450684.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/32331585.md) | [繁體中文](https://longbridge.com/zh-HK/topics/32331585.md)


# Hot trades in Hong Kong stocks (7.29)｜Xiaomi's stock price hits a 1-month low, while innovative drug concepts buck the trend and rise!

**Hot Trading Industry Trends and Related Hong Kong Stocks**

**CRO / Innovative Drug Sector Continues Strong Performance**

$WUXI APPTEC(02359.HK) reported doubled interim profits, igniting the pharmaceutical outsourcing sector. Besides the positive interim results from WuXi AppTec, other pharmaceutical firms' mid-year performance forecasts indicate a steady recovery trend for CRO and CDMO companies.

Institutions suggest the pharmaceutical industry has reached a turning point. Zhongtai Securities pointed out in its latest research report that global demand is improving, and financing expectations are optimistic. Domestic reserve requirement ratio cuts, interest rate reductions, the completion of large BD deals for innovative drugs, and improved financing conditions are expected to boost domestic investment and CRO demand.

CRO Concept Stocks: $WUXI APPTEC(02359.HK), $WUXI BIO(02269.HK), $TIGERMED(03347.HK), $JOINN(06127.HK), $PHARMARON(03759.HK);

Innovative Drug Concept Stocks: $HENGRUI PHARMA(01276.HK), $BEONE MEDICINES(06160.HK), $HANSOH PHARMA(03692.HK), $INNOVENT BIO(01801.HK), $SINO BIOPHARM(01177.HK), $AKESO(09926.HK), $CSPC PHARMA(01093.HK), $3SBIO(01530.HK), $ZAI LAB(09688.HK), $SIMCERE PHARMA(02096.HK);

Biotech B-Shares: $SKB BIO-B(06990.HK), $ASCENTAGE-B(06855.HK), $EVEREST MED(01952.HK), $KEYMED BIO-B(02162.HK), $LEPU BIO-B(02157.HK), $CARSGEN-B(02171.HK)

**Today's Hong Kong Tech Stocks Declined:** $XIAOMI-W(01810.HK), $TENCENT(00700.HK), $BILIBILI-W(09626.HK), $KUAISHOU-W(01024.HK), $NTES-S(09999.HK), $BABA-W(09988.HK), $MEITUAN(03690.HK)

Among them, $XIAOMI-W(01810.HK) **fell for three consecutive days, hitting a one-month low.**

### Related Stocks

- [XIAOMI-WR (81810.HK)](https://longbridge.com/en/quote/81810.HK.md)
- [Xiaomi Corporation (XIACY.US)](https://longbridge.com/en/quote/XIACY.US.md)
- [XIAOMI-W (01810.HK)](https://longbridge.com/en/quote/01810.HK.md)
- [WuXi AppTec (603259.CN)](https://longbridge.com/en/quote/603259.CN.md)
- [WUXI APPTEC (02359.HK)](https://longbridge.com/en/quote/02359.HK.md)
- [SINO BIOPHARM (01177.HK)](https://longbridge.com/en/quote/01177.HK.md)
- [3SBIO (01530.HK)](https://longbridge.com/en/quote/01530.HK.md)
- [NTES-S (09999.HK)](https://longbridge.com/en/quote/09999.HK.md)
- [NetEase, Inc. (NTES.US)](https://longbridge.com/en/quote/NTES.US.md)
- [JOINN (06127.HK)](https://longbridge.com/en/quote/06127.HK.md)
- [JOINN (603127.CN)](https://longbridge.com/en/quote/603127.CN.md)
- [AKESO (09926.HK)](https://longbridge.com/en/quote/09926.HK.md)
- [KEYMED BIO-B (02162.HK)](https://longbridge.com/en/quote/02162.HK.md)
- [PHARMARON (03759.HK)](https://longbridge.com/en/quote/03759.HK.md)
- [Pharmaron (300759.CN)](https://longbridge.com/en/quote/300759.CN.md)
- [INNOVENT BIO (01801.HK)](https://longbridge.com/en/quote/01801.HK.md)
- [CARSGEN-B (02171.HK)](https://longbridge.com/en/quote/02171.HK.md)
- [TENCENT (00700.HK)](https://longbridge.com/en/quote/00700.HK.md)
- [TENCENT-R (80700.HK)](https://longbridge.com/en/quote/80700.HK.md)
- [Tencent Holdings Limited (HTCD.SG)](https://longbridge.com/en/quote/HTCD.SG.md)
- [Xiaomi Corporation (HXXD.SG)](https://longbridge.com/en/quote/HXXD.SG.md)
- [Tencent Holdings Limited (TCEHY.US)](https://longbridge.com/en/quote/TCEHY.US.md)
- [Tencent Holdings Limited (TCTZF.US)](https://longbridge.com/en/quote/TCTZF.US.md)

## Comments (1)

- **YXX98 · 2025-07-29T11:52:55.000Z**: Bullish on Chinese concept stocks