On August 12, the Hang Seng Index rose rapidly in the afternoon, changing from a decline to nearly 1%. Among them, Hong Kong bank stocks and Hong Kong real estate stocks led blue chips. Hang Seng Bank rose more than 4%, HSBC Holdings, Kowloon Warehouse Real Estate, Taikoo Co., Ltd., and Changshi Group rose more than 3%, and Bank of China Hong Kong and Hang Lung Real Estate rose more than 2%.

Today, the Hong Kong virtual bank LiviBank, a joint venture between Bank of China Hong Kong, JD Digital Technology and Yihe Group, officially opened, becoming the fourth virtual bank to open in Hong Kong. Meanwhile, UnionPay International announced yesterday that it will cooperate with the Hong Kong virtual bank Livi Bank to issue a UnionPay virtual debit card. This is the first time that a Hong Kong virtual bank has issued a UnionPay card.

Regarding the Hong Kong epidemic, according to a report by China News Agency,After falling back to double digits for 8 consecutive days, the number of confirmed cases in Hong Kong fell back to 33 on the 11th. In an interview with a China News Agency reporter on the 11th, some Hong Kong medical experts estimated that the number of confirmed cases this week will maintain a downward trend. If the number of effective breeding cases of the virus can be further reduced to 0.3, there is a chance that the epidemic will be brought under control within the next two to three weeks.

Furthermore, Tencent Holdings picked up and once rose more than 1%. The company will announce its results after the market closes today.