On August 6th, FUTU News reported that the major Hong Kong stock indices are currently slightly up. As of press time, [one index] rose by 0.12%, [another index] rose by 0.53%. Sector-wise, network technology stocks are generally rising, with Tencent Music rising by more than 5%, and Alibaba, Ctrip Group, Ke Holdings, JD.com and others all rising by more than 1%. Mainland education stocks are rising, with New Oriental up more than 8%, Maple Education up more than 5%, BestStudy Education Group up more than 4%, Yuhua Education and China Xinhua Education up more than 3%. Contract research organizations are generally rising, with GenScript Bio rising by more than 4%, Viva Biotech up 4%, WuXi AppTec up more than 3%, Pharmaron and TigerMed up more than 2%. Gold stocks are weak, with SD Gold, Zhaojin Mining, Lingbao Gold and Zijin Mining all falling by more than 1%. Chinese-affiliated brokerage stocks fell generally, with Hengtou Securities falling by more than 5%, HTSC, CITIC Securities, GF Securities and Haitong Securities all falling by more than 1%. Telecommunication sector stocks are falling, with China Unicom falling almost 2%, China Telecom and China Mobile both falling by more than 1%. $Hang Seng Index (800000.HK)$up 0.15%,$Hang Seng China Enterprises Index (800100.HK)$Rising by 0.12%.$Hang Seng TECH Index (800700.HK)$Rising by 0.53%.
In terms of sectors, network technology stocks generally rose, and Tencent Music rose by more than 5%. Alibaba, Ctrip Group, Ke Holdings, JD.com and other stocks all rose by more than 1%.
Mainland education stocks are rising, with New Oriental up more than 8%, Maple Education up more than 5%, BestStudy Education Group up more than 4%, Yuhua Education and China Xinhua Education up more than 3%.
Contract research organizations are generally rising, with GenScript Bio rising by more than 4%, Viva Biotech up 4%, WuXi AppTec up more than 3%, Pharmaron and TigerMed up more than 2%.
Gold stocks performed weakly, with SD Gold, Zhaojin Mining, Lingbao Gold and Zijin Mining all falling by more than 1%.
China-affiliated brokerage stocks fell generally, with Hengtou Securities falling by more than 5%, HTSC, CITIC Securities, GF Securities and Haitong Securities all falling by more than 1%.
Telecommunication sector stocks are falling, with China Unicom falling nearly 2%, China Telecom and China Mobile both down by more than 1%.
In terms of individual stocks,$YUM CHINA (09987.HK)$Up more than 9%, the net income in the first half of the year was 0.499 billion US dollars, a year-on-year increase of 3%.
$WUXI APPTEC (02359.HK)$Up more than 3%, CITIC Securities gave WuXi AppTec an initial buy rating for its H shares with a target price of HKD 48.
$LI AUTO-W (02015.HK)$Up more than 2%, the brand new pure electric SUV models M9, M8, and M7 were unveiled together for the first time, and the new cars are expected to be launched in 2025.
$EVERG VEHICLE (00708.HK)$Down more than 3%, Liu Yongzhuo and Qin Liyong have been dismissed from their executive director positions.
Editor/Jeffy
