- On August 21, Hong Kong stock indices closed higher collectively, with the Hang Seng Index rising 1.21% to 26009.46 points and a total turnover of 2573 billion HKD.
- Gold and non-ferrous metal stocks surged across the board driven by rising international gold prices, while AI concept stocks rallied ahead of the Hang Seng index review.
- Insurance and software service stocks strengthened on positive financial results, whereas biomedical and new consumer stocks experienced pullbacks.
- At the midday close, the Hang Seng Index rose 184 pts to 25,883 while the Hang Seng Tech Index climbed 23 pts to 4,724.
- Active heavyweights saw mixed movements, with PING AN and XIAOMI both increasing over 3%, whereas BABA dropped over 3%.
- Several stocks including OOIL, CLP HOLDINGS, PACIFIC BASIN, TS LINES, and CHINAGOLDINTL hit new highs during the session.
- On August 20, Hong Kong stocks rallied collectively, with the Hang Seng Index rising 0.74% to 25684.92 points.
- Sector performance showed gold stocks surging driven by safe-haven demand, pharmaceutical stocks strengthening following positive overseas clinical trial results, and new energy vehicle stocks posting gains.
- Kuaishou shares plunged over 11% following its second-quarter financial results reporting a 36% year-on-year drop in net profit.