- On August 20 morning close, Hong Kong stocks rose collectively with the Hang Seng Index up 1.14% to 25786.32 points and a total turnover of about 1441 billion HKD.
- Propelled by Moderna's cancer vaccine breakthrough, the mRNA and innovative drug sectors surged strongly with Leading stocks like Everly Health soaring over 68% and CanSino jumping over 51%.
- Meanwhile, Kuaishou dropped nearly 10% following its earnings report and subsequent rating downgrades, while Xiaomi and Ideal Auto gained on positive financial results and vehicle-to-countryside policies.
- At the midday close, the Hang Seng Index rose 62 points to 25,533 while the Hang Seng Tech Index dropped 38 points to 4,700.
- Active heavyweights experienced mixed movements, with XIAOMI gaining over 6% and MEITUAN rising over 3%.
- Meanwhile, TINGYI, COSCO SHIP HOLD, and GENSCRIPT BIO all hit new highs during the session.