Hong Kong Stocks This Morning

1.Tianqi Lithium (09696) rose over 15%, Ganfeng Lithium (01772) rose over 18%, the main contract of lithium carbonate futures opened with a limit-up today. On August 9, reporters cross-verified from various market sources and relevant personnel from CATL that the mining operations at CATL's Xianxiawo mining area will cease at 12:00 midnight.

2.CALB (03931) opened nearly 4% higher, on August 8, CALB signed a deepened strategic cooperation agreement with Guangdong Gaoyu Technology Co., Ltd. Previously, CALB had provided the highest energy-density power batteries in the industry for GAC Gaoyu's Aircab. The two parties agreed to deepen cooperation in the eVTOL field and jointly promote standardized power solutions for eVTOL.

3.Jinxin Fertility (01951) fell over 6% after profit warning, the group is expected to incur a loss of no more than RMB 1.09 billion in the first half of 2025, mainly due to impairment and provisions for certain goodwill, intangible assets, and other financial assets related to the group's operations in the U.S. and Laos.

4.Superstar Legend (06683) fell over 3% after profit warning, Superstar Legend issued a profit warning, stating that the decrease in profit was mainly due to a fair value loss of approximately RMB 19.5 million on Hong Kong-listed equity securities investments, with an expected interim net profit decrease of about 67%.

5.Wondfo Medical (01931) rose over 10% in early trading, Wondfo Medical announced that the board of directors has resolved to sign a global cooperation framework agreement with the globally leading digital asset financial services group HashKey Group, aiming to accelerate the implementation of the group's "Global Enhanced Ethereum (ETH) Vault" strategy and provide more efficient, secure, and compliant digital asset services to global clients.

6.Beijing North Star (00588) surged significantly in early trading, rising over 10%, on the evening of August 8, the Beijing Municipal Commission of Housing and Urban-Rural Development and the Beijing Housing Provident Fund Management Center jointly issued the "Notice on Further Optimizing and Adjusting Real Estate-Related Policies in the City," which will take effect from August 9, 2025. The notice clarifies that eligible families will no longer be restricted in purchasing properties outside the Fifth Ring Road in Beijing.

7.Gold stocks fell in early trading, Chifeng Gold (06693) fell over 5%; Shandong Gold (01787) fell over 5%; China Gold International (02099) fell over 4%; Zijin Mining (02899) fell nearly 2%. CMB Securities released a research report in early August, stating that the short-term upward momentum of gold prices has weakened. Although gold has allocation value, the upward momentum is insufficient in the short term, and investors should be wary of local overheating risks. The institution recommends investors focus on structural opportunities rather than betting entirely on gold's rise.

8.Meme Strategy (02440) rose over 16%, recently, Meme Strategy announced a strategic cooperation agreement with Helio, a subsidiary of the cryptocurrency and stablecoin platform MoonPay. The two parties will jointly support Moonit, a new-generation issuance platform and token trading system developed by Helio, actively promoting the innovation of the creator economy through Web3 solutions centered on memes and tokenization.

9.$XTALPI(02228.HK) rose nearly 5% again, on August 5, Jingtai Technology announced a pipeline cooperation with DoveTree with a total order size of approximately HKD 47 billion and has received an upfront payment of HKD 400 million. This cooperation involves the R&D of multiple innovative drug assets, with DoveTree obtaining global exclusive development and commercialization rights. Jingtai Technology is expected to receive further payments and potential milestone payments totaling approximately HKD 46.6 billion. This cooperation sets a new record in the field of AI + robotics new drug R&D.

10.Rongda Technology (09881) fell over 6%, Rongda Technology issued a profit warning, expecting a net loss of no more than RMB 7 million in the first half of the year. The announcement pointed out that the shift from profit to loss was mainly due to increased general and administrative expenses, including non-recurring listing expenses, slower progress in the project approval stage for some clients, reduced revenue due to further product specification improvements requested by clients before delivery, and increased R&D expenses. Excluding the impact of non-recurring listing expenses, the net profit is expected to be no less than RMB 9.5 million.

U.S. Stocks Last Friday

1.Pinterest(PINS.US) fell 10.31% in after-hours trading. Pinterest's Q2 adjusted earnings per share missed expectations, with global monthly active users at 578 million, exceeding market expectations of 574.5 million, including 102 million monthly active users in the U.S. and Canada, flat from the previous quarter. Pinterest expects Q3 sales to be between $1.033 billion and $1.053 billion, exceeding analysts' expectations of $1.025 billion.

2.Travel booking website$Expedia(EXPE.US) rose 4.08% in after-hours trading, Expedia's Q2 results exceeded expectations, and the company raised its full-year revenue guidance, now expecting revenue growth of 3% to 5%, up from the previous forecast of 2% to 4%, with market expectations at 3.6%; total bookings are expected to grow 3% to 5%.

3.Maplebear(CART.US) rose 3.68% in after-hours trading, Maplebear's Q2 results and guidance exceeded expectations, as Instacart's earlier reduction of the minimum order amount for free delivery led to a sustained increase in customer order frequency. The company expects Q3 total transaction volume to be between $9 billion and $9.15 billion, exceeding expectations of $8.96 billion; adjusted EBITDA is expected to be between $260 million and $270 million, also exceeding expectations.

4.$NIO Inc(NIO.US) rose 3.42%, Nio's Ledao brand's second model, the Ledao L90, was officially launched in late July. Earlier this month, Nio CEO Li Bin posted on Weibo that the Ledao L90 entered the TOP3 in weekly sales of large SUVs within three days of launch and is accelerating production and delivery.

5.$XPeng(XPEV.US) continued to rise by 2.96%, the new XPeng P7 was officially released on the evening of August 6 and pre-sales began simultaneously, with plans to officially launch this month. Pre-orders exceeded 10,000 units in just 6 minutes and 37 seconds.

6.Hutchmed (HCM.US) fell 8.03%, the company updated its full-year guidance for comprehensive oncology/immunology revenue, revising it from $350-450 million to $270-350 million, mainly due to milestone payments from partners being delayed to 2026 and beyond, and the expected completion of the new drug application review for sovleplenib in China being postponed to after 2025.

7.Weight-loss drug manufacturer Novo Nordisk (NVO.US) rose 4.76%, data released by research firm Pharmarack on Thursday showed that Danish pharmaceutical company Novo Nordisk's Wegovy and U.S. rival Eli Lilly's Mounjaro saw sales in India double month-on-month in July.

8.Sony (SONY.US) continued to rise by 4.30%, Sony's Q1 FY25 results were strong, with the latest PS5 sales data showing 2.5 million units shipped in Q1 FY25, bringing total PS5 shipments to 80.3 million units. Meanwhile, monthly active users grew from 116 million last quarter to 123 million, a 6% increase.

9.Energy drink manufacturer$Monster Beverage(MNST.US) rose 6.40%, Monster Beverage reported quarterly profits as of June 30, with Q2 results exceeding expectations.

10.Gilead Sciences (GILD.US) surged 8.28%, hitting a record high. The company's earnings report showed Q2 2025 revenue grew 2% to $7.08 billion, exceeding market expectations of $6.98 billion; adjusted earnings per share were $2.01, above the expected $1.96.

11.$Apple(AAPL.US) rose 4.24% on Friday, marking its best weekly performance since July 2020. On Wednesday, Trump and Apple CEO Tim Cook announced the new American Manufacturing Program (AMP) in the White House Oval Office, aiming to bring more supply chains and advanced manufacturing processes to the U.S. to establish a complete end-to-end semiconductor chip supply chain.