- US stocks rose on July 21, with the Nasdaq up 1.29% and the DJIA gaining 385 points, driven by a rebound in semiconductor shares.
- In contrast, the HSI opened down 153 points on July 22 and worsened to close at 24,923, down 208 points, as multiple heavyweight tech stocks declined significantly.
- Gold mining stocks benefited from bargain hunting, with notable gains in Zijin Mining and related companies, despite broader market weakness.