HSI Ends Up 62 pts; Gold Mining and PCB Stocks Soar; HSBC HOLDINGS Drifts Lower by 2%+
Complete. Here is the key summaryThe Hang Seng Index closed up 62 points at 25,915. Gold mining and PCB stocks surged significantly, driven by de-escalating US-Iran tensions and strong sector performance. Major tech stocks showed mixed results, while chip stocks also led gains. HSBC Holdings declined over 2%.
The HSI opened up 38 pts before trading narrowly, and closed at 25,915, up 62 pts or 0.24%, with main board turnover at HKD278.043 billion. The HSTECH closed at 4,933, up 47 pts or 0.97%, while the HSCEI closed at 8,603, up 29 pts or 0.34%.
Major techs were mixed. BABA-W (09988.HK) +2.300 (+1.828%) Short selling $1.97B; Ratio 16.476% and BIDU-SW (09888.HK) +1.800 (+1.633%) Short selling $133.77M; Ratio 19.977% climbed more than 1%; TENCENT (00700.HK) +4.600 (+0.943%) Short selling $1.25B; Ratio 9.898% , JD-SW (09618.HK) +0.900 (+0.697%) Short selling $79.61M; Ratio 12.831% and MEITUAN-W (03690.HK) +0.350 (+0.378%) Short selling $374.06M; Ratio 10.110% gained less than 1%; NTES (09999.HK) -3.000 (-1.459%) Short selling $182.32M; Ratio 17.568% lost 1.46%; NEW ORIENTAL-S (09901.HK) -1.100 (-2.390%) Short selling $104.33M; Ratio 26.180% slid 2.4%.
As signs of de-fusing tensions emerged between the US and Iran, metal and mining stocks attracted buying interest. CMOC (03993.HK) +1.470 (+8.647%) Short selling $154.12M; Ratio 13.855% spiked 8.65%, becoming the best-performing blue chip of the day. CHALCO (02600.HK) +0.255 (+3.039%) Short selling $29.65M; Ratio 9.292% and CHINAHONGQIAO (01378.HK) +0.540 (+2.298%) Short selling $105.47M; Ratio 9.197% soared more than 3% and 2% respectively. LAOPU GOLD (06181.HK) +21.400 (+6.713%) Short selling $56.60M; Ratio 10.235% and ZIJIN MINING (02899.HK) +2.120 (+6.409%) Short selling $592.79M; Ratio 20.883% rallied over 6%; ZIJIN GOLD INTL (02259.HK) +11.900 (+10.162%) Short selling $425.69M; Ratio 26.424% elevated 10.16%; ZHAOJIN MINING (01818.HK) +1.580 (+7.460%) Short selling $76.74M; Ratio 13.312% advanced 7.46%; LINGBAO GOLD (03330.HK) +2.060 (+10.564%) Short selling $30.16M; Ratio 5.312% jumped up 10.56%. Copper stocks also rallied, with CHINFMINING (01258.HK) +0.830 (+5.475%) Short selling $58.17M; Ratio 13.627% , JIANGXI COPPER (00358.HK) +2.600 (+7.328%) Short selling $89.33M; Ratio 9.886% and MMG (01208.HK) +0.540 (+6.338%) Short selling $323.76M; Ratio 47.622% soaring about 6-7%.
Among AI concept stocks, MINIMAX-W (00100.HK) +23.600 (+10.252%) Short selling $209.34M; Ratio 10.424% mushroomed more than 10% after its H3 model was connected by more than 100 partners within 24 hours of open-sourcing. Z.AI (02513.HK) +31.000 (+3.069%) Short selling $133.38M; Ratio 2.033% mounted 3.07%, while XUNCE (03317.HK) -2.700 (-1.945%) Short selling $19.96M; Ratio 1.943% lost 1.95%.
Chip stocks led the pack. SMIC (00981.HK) +2.700 (+4.135%) Short selling $347.12M; Ratio 5.235% and HUA HONG GRACE (01347.HK) +6.400 (+4.737%) Short selling $806.25M; Ratio 13.951% rose more than 4%; MONTAGE TECH (06809.HK) +7.800 (+2.970%) Short selling $55.83M; Ratio 3.955% shot up 2.97%, while BIREN TECH (06082.HK) +4.340 (+12.932%) Short selling $102.49M; Ratio 10.187% swelled nearly 13%. XL2CSOPHYNIX (07709.HK) +1.840 (+4.960%) Short selling $2.27B; Ratio 34.644% and XL2CSOPSMSN (07747.HK) +2.100 (+3.096%) Short selling $333.40M; Ratio 28.193% leaped nearly 5% and about 3.1% respectively.
CCL (copper clad laminate) and PCB (printed circuit board) stocks boomed. KB LAMINATES (01888.HK) +3.200 (+10.283%) Short selling $910.36M; Ratio 10.821% surged 10.28%; KINGBOARD HLDG (00148.HK) +2.700 (+6.422%) Short selling $174.88M; Ratio 5.965% rallied 6.42%; VGT (02476.HK) +30.800 (+16.176%) Short selling $84.79M; Ratio 2.621% rocketed 16.18%; HANS CNC (03200.HK) +4.200 (+4.023%) Short selling $9.36M; Ratio 3.193% swelled 4.02%; CFMEE (09630.HK) +46.000 (+14.839%) ballooned 14.84%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-05 16:25.)
