--- title: "🚀 Hong Kong stock bulls stage a full-scale counterattack! Zhipu, Kingdee, Lenovo, and Jinhai all show strong momentum. The next phase of the market trend is now clear! 4 key overnight indicators will directly impact tomorrow's HK market." type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43212405.md" description: "Good evening, bros 🌙 The Hong Kong stock market performed quite strongly today, following a standard pattern of opening low and closing high with a bullish counterattack. The three major indices surged in unison in the afternoon, closing collectively higher. Trading activity continued to heat up, with main board turnover approaching 280 billion, indicating high enthusiasm from various capital flows. The overall market showed a healthy rhythm of switching between high and low valuations and orderly rotation: ✅ Gold and non-ferrous metals led the rally across the board ✅ PCB upstream materials surged unexpectedly in the afternoon ✅ Storage semiconductors and tech leaders generally closed red (up). Brief summary of market rhythm: Tech stocks are undergoing short-term consolidation to wash out weak hands, while resource sectors are taking the baton to charge forward. The foundation of the broader market is very solid..." datetime: "2026-08-05T11:54:05.000Z" locales: - [en](https://longbridge.com/en/topics/43212405.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43212405.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43212405.md) author: "[龍哥哥咯](https://longbridge.com/en/profiles/2076320482420637696.md)" generator: "portal-rs" --- # 🚀 Hong Kong stock bulls stage a full-scale counterattack! Zhipu, Kingdee, Lenovo, and Jinhai all show strong momentum. The next phase of the market trend is now clear! 4 key overnight indicators will directly impact tomorrow's HK market. Good evening, bros 🌙 The Hong Kong stock market showed strong momentum today, following a standard **low-open, high-close, bullish counterattack** pattern. The three major indices surged in sync after noon, closing collectively higher. Trading activity continued to heat up, with main board turnover approaching 280 billion, indicating high enthusiasm from various capital flows. The overall market presented a healthy rhythm of high-low switching and orderly rotation: **✅ Gold and non-ferrous metals led the rally across the board** **✅ Upstream PCB materials surged unexpectedly in the afternoon** **✅ Memory semiconductors and tech leaders generally closed red (up)** **Simple summary of market rhythm**: Tech stocks are undergoing short-term consolidation to wash out weak hands, while resource sectors are taking the baton to charge forward. The foundation of the broader market is very solid. The brightest spot today was undoubtedly the Hang Seng Tech Index strengthening against the trend. Computing power and CPO stocks, which had risen wildly the previous day, entered high-level turnover. Profit-taking positions exited in an orderly manner, but capital did not leave the HK market; it immediately switched to non-ferrous gold, semiconductors, and upstream PCBs. This state of sector rotation with continuous support and uninterrupted capital flow is a typical characteristic of accumulation midway through a bull market. The 26,000-point barrier is not far off. After short-term consolidation to digest trapped positions, **the probability of breaking upward is very high.** --- **Intraday review of 5 portfolio holdings** **1️⃣**$Zhipu (02513.HK)$ **⚡Strong support at high levels, V-shape reversal consolidates chip base (Cost: 876.32)** Following a high open with the broader tech sector, it entered high-level turnover for digestion throughout the day, oscillating narrowly within the rebound platform. Buying pressure from below was continuous, offering no opportunity for deep pullbacks to pick up cheap chips. Entered at 876.32 on the dip, now fully cushioned by floating profits, feeling very secure. Currently, capital in high-position hardware like computing power and CPO is adjusting and flowing out. Zhipu, as a leading domestic large model player, has an independent trend and strong chip lock-in. The oversold repair rally continues. Continuing to execute **trailing stop-profit**, steadily holding this main upward wave. **2️⃣**$Kingdee International (00268.HK)$ **The anchor of the market! Holding both earnings and hedging premiums (Cost: 6.28)** Today again demonstrated what it means to be as stable as Mount Tai. It followed the SaaS sector's benign turnover, with the stock price running along the upper rail of the ascending channel. Sector rotations during the trading session had absolutely no impact on its rhythm. Holding since early July, the cost of 6.28 is my greatest confidence. As the broader market approaches the tug-of-war at 26,000 points, capital strongly prefers certainty targets: upstream computing power cost reductions driving gross margin improvement, plus real landing of SaaS AI orders. The pullback after surging is just the main force washing out short-term profit-takers. With ample floating profits, hold tight and let profits run! **3️⃣**$Lenovo Group (00992.HK)$ **Voluminous surge against the trend mid-day! Vanguard of AI hardware chain counterattack (Cost: 22.47)** Opened directly to a fierce capital attack in the morning session. Volume expanded significantly, surging over 6% at one point. Later, maintaining high-level oscillation alongside market high-low rotation, it still closed significantly stronger. Today's trend perfectly validated previous judgments; the previous wave of oscillation was just benign washout! Added to position at the low of 21.59 earlier, successfully pressing the cost down to 22.47. The explosion in upstream PCBs and semiconductors drove a recovery in the entire AI hardware chain. Lenovo combines rigid demand for AI servers + the second half AI PC replacement wave, two hard logics, striking first to break through resistance levels above. **4️⃣**$VSTars (00856.HK)$ **$Broke out of the box steadily continuing gains, main upward channel officially opened (Cost: 9.63)** Following yesterday's volume breakout through the long-term suppression box, today it stood firmly above the breakout level all day. Volume continued to expand, and the bullish trend is very healthy. Completely bidding farewell to the long, grinding bottom period, the leading IT distributor in computing power is entering the main upward phase of valuation repair. The pits left by indiscriminate emotional selling are slowly being repaired. The 5-day line has successfully turned into strong support. Do not be washed out by intraday oscillations; hold shares peacefully waiting for further highs. **5️⃣**$Jinhai Medical Technology (02225.HK)$ **Continuing the trilogy of soaring! Surging another 11.9%，华丽 turnaround from slight loss to huge profit (Cost: 3.789)** Up 8.52% and 11.65% in the previous two days respectively. Today, the main force still didn't give opportunities for buying the dip. Opening slightly higher in the morning, it surged with expanding volume, touching a high of 5.085. The atmosphere of capital scrambling for chips was hot! Again confirming the characteristics of small-cap stocks: grinding sideways until you doubt life, once started, it's consecutive pulls up. The negative news boot of centralized procurement has landed，叠加 management team updates, and market optimism towards the minimally invasive device track, attracting capital rotation speculation. **At a cost of 3.789, substantial profits have been harvested. Gradually raise the trailing stop-loss, guard the returns, and continue to eat the catch-up bonus!** --- **⚠**️**Focus closely on 4 key core messages tonight, directly influencing tomorrow's HK stock market opening direction and sector rotation** **1\. US Stock AI Hardware Trends | NVIDIA, Micron, AMD** Impact: HK Semiconductors, PCB Copper Clad Laminate, AI Computing Power Chain Key Observation: If the US AI chain continues to strengthen, HK tech hardware will extend its explosive growth tomorrow; if profit-taking occurs, short-term oscillation and washout will ensue. **2\. US ISM Non-Manufacturing PMI + Fed Officials' Speeches** Impact: HSI sprinting to 26,000 points, pace of foreign capital inflow/outflow Key Observation: Positive data supporting mild soft landing and strengthening rate cut expectations will suppress the USD, benefit the RMB, and attract foreign capital to continuously layout HK stocks. **3\. Night Market Gold, LME Copper, Crude Oil Futures Trends** Impact: Gold Stocks, Non-ferrous Metals, Oil & Gas Resource Sectors Key Observation: Resource stocks took off across the board today. If commodities continue to rise overnight, resource sectors are highly likely to show 'the strong remain strong' tomorrow. **4\. China Concept ADRs | Nasdaq China Golden Dragon Index KWEB/HXC** Impact: Hang Seng Tech challenging 5,000 points Key Observation: The night market trend of China concepts is the most intuitive barometer for tomorrow's HK stock opening; a big bullish candle directly stimulates a gap up. **##Concise Operational Strategy for Tomorrow** ✅ US Stocks Close Higher: Hold AI hardware and resource stocks, wait for further surges ✅ US Stocks Oscillate, HK Stocks Open Low: No need to panic, view as an opportunity to buy quality chips in batches When the market reaches critical junctures, avoid chasing highs and killing lows. Hold tightly onto chips with solid logic, and patiently wait for the breakthrough 🔥 ### Related Stocks - [00268.HK](https://longbridge.com/en/quote/00268.HK.md) - [00856.HK](https://longbridge.com/en/quote/00856.HK.md) - [02513.HK](https://longbridge.com/en/quote/02513.HK.md) - [02225.HK](https://longbridge.com/en/quote/02225.HK.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [00298.HK](https://longbridge.com/en/quote/00298.HK.md) - [80992.HK](https://longbridge.com/en/quote/80992.HK.md) - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**