--- title: "Hong Kong stock market opening | Hang Seng Index opened up 1.11%, gold stocks and innovative drug concepts strengthened, EVEREST MED-B opened up nearly 15%" type: "News" locale: "en" url: "https://longbridge.com/en/news/296421667.md" description: "Affected by the U.S. Treasury's expansion of long-term Treasury bond repurchases, which led to a decline in U.S. bond yields, Hong Kong stocks opened higher on August 20. The Hang Seng Index rose by 1.11%, and the Hang Seng TECH Index increased by 1.69%. In terms of sectors, gold stocks surged significantly, with spot and futures gold prices rising; innovative drug concept stocks performed actively, with EVEREST MED-B opening nearly 15% higher; tech stocks generally rose, with NTES, JD, and MEITUAN all experiencing varying degrees of increase. Overnight, the three major U.S. stock indices collectively closed higher" datetime: "2026-08-20T01:45:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296421667.md) - [en](https://longbridge.com/en/news/296421667.md) - [zh-HK](https://longbridge.com/zh-HK/news/296421667.md) --- # Hong Kong stock market opening | Hang Seng Index opened up 1.11%, gold stocks and innovative drug concepts strengthened, EVEREST MED-B opened up nearly 15% According to Zhitong Finance APP, on August 20, the Hang Seng Index opened up 1.11%, at 25,779.08 points; the Hang Seng TECH Index rose 1.69%, at 4,761.17 points; the National Enterprises Index increased by 1.27%, at 8,579.08 points. The pre-market turnover was HKD 3.455 billion. Gold stocks surged significantly, with Zijin Mining International (02259) rising over 8%, Lingbao Gold (03330) up over 7%, China Gold International (02099) and Laopu Gold (06181) increasing nearly 7%, Shandong Gold (01787) up over 6%, and Chifeng Gold (06693) rising over 5%. Overnight spot gold rose about 3.5%, priced at USD 4,484 per ounce; COMEX gold futures increased by about 4.4%, returning above USD 4,500 per ounce. Innovative drug concept stocks opened high, with Everest Med-B (01952) opening nearly 15% higher, Jinkang Pharmaceutical-B (02595) rising over 5%, and Fosun Pharma (02196) increasing over 4%. Overnight, U.S. stocks in the vaccine/innovative drug sector surged, with Moderna rising nearly 177%. Tech stocks generally rose, with NetEase-S (09999) up over 3%, JD Group-SW (09618) nearly 3% higher, Meituan-W (03690) up over 2%, and Alibaba-W (09988) and Tencent Holdings (00700) rising nearly 2%. Overnight, the three major U.S. stock indices collectively closed higher, with the Dow Jones up 0.22%, the S&P 500 Index up 0.21%, and the Nasdaq up 0.16%. The Nasdaq Golden Dragon China Index rose 1.51%; the U.S. Treasury Department's expansion of long-term bond repurchases pushed U.S. bond yields lower, leading to a higher opening for Hong Kong stocks today ### Related Stocks - [NTES.US](https://longbridge.com/en/quote/NTES.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [01952.HK](https://longbridge.com/en/quote/01952.HK.md) - [09618.HK](https://longbridge.com/en/quote/09618.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [09999.HK](https://longbridge.com/en/quote/09999.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [03032.HK](https://longbridge.com/en/quote/03032.HK.md) - [03033.HK](https://longbridge.com/en/quote/03033.HK.md) - [03067.HK](https://longbridge.com/en/quote/03067.HK.md) - [07226.HK](https://longbridge.com/en/quote/07226.HK.md) - [07552.HK](https://longbridge.com/en/quote/07552.HK.md) - [07266.HK](https://longbridge.com/en/quote/07266.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) ## Related News & Research - [China's JD.Com, Meituan, Alibaba Speed Discount Supermarket Expansion](https://longbridge.com/en/news/296069444.md) - [DDL: Net income jumped 153.5% on 8.6% revenue growth, with China divestiture pending](https://longbridge.com/en/news/296471627.md) - [Everest Medicines Publishes Unaudited Interim Results for First Half of 2026](https://longbridge.com/en/news/296290733.md) - [Full Transcript: NetEase Q2 2026 Earnings Call](https://longbridge.com/en/news/296498824.md) - [NetEase declares USD 0.096 per share Q2 dividend](https://longbridge.com/en/news/296461799.md)