1. Market Overview
The Hang Seng Index opened firmer, advancing 1.11% to 25,779.08 as risk appetite improved. The Hang Seng China Enterprises Index added 1.27% to 8,579.08, while the Hang Seng Tech Index outperformed with a 1.69% gain to 4,761.17, supported by strength in electric-vehicle makers and select platform names.
Early flows concentrated in biotech developers and precious-metal miners after strong overnight commodity and drug-trial headlines, while EV names extended momentum from mainland markets. Port operators and selective pharma lagged, capping broader gains.
2. Sector Performance
Large Technology Names
Li Auto rises 4.34% (best performer), MINIMAX-W rises 3.69%, NetEase rises 3.60%, Trip.com rises 3.35%, JD.com-SW rises 2.93%, JD Health rises 2.42%, Meituan rises 2.01%, Tencent rises 1.65%, Xiaomi rises 1.24%, Kuaishou falls 4.76% (weakest).
Top Rising Sectors
• Biotech & CROs rises 8.00%
• Gold Miners rises 8.05%
• Electric Vehicles rises 4.34%
Top Falling Sectors
• Port & Shipping falls 3.54%
• Pharmaceuticals (selected) falls 3.91%
• Consumer Electronics falls 2.49%
3. HK Top Gainers 10
Stock | Code | Price (HK$) | Gain |
METIS TECHBIO-P | 07666 | 13.47 | 14.93% |
GENSCRIPT BIO | 01548 | 33.18 | 13.01% |
KINGSOFT CLOUD | 03896 | 6.21 | 10.41% |
CSPC PHARMA | 01093 | 9.50 | 9.38% |
ZIJIN GOLD INTL | 02259 | 145.00 | 8.78% |
BIOCYTOGEN-B | 02315 | 65.50 | 8.35% |
ASYMCHEM | 06821 | 137.00 | 8.30% |
XTALPI | 02228 | 7.80 | 7.88% |
ZHAOJIN MINING | 01818 | 25.66 | 7.82% |
WUXI BIO | 02269 | 51.50 | 7.52% |
Filter: Market cap above HK$10 billion
4. HK Top Losers 10
Stock | Code | Price (HK$) | Loss |
ASCENTAGE | 06855 | 32.66 | -6.10% |
UNITED LAB | 03933 | 8.24 | -5.12% |
KUAISHOU-W | 01024 | 36.00 | -4.76% |
DEKON AGR | 02419 | 50.60 | -4.62% |
HENGRUI PHARMA | 01276 | 52.80 | -3.91% |
CHINA MER PORT | 00144 | 15.00 | -3.54% |
ZTO EXPRESS-W | 02057 | 171.50 | -2.56% |
TCL ELECTRONICS | 01070 | 15.67 | -2.49% |
NANSHAN AL INTL | 02610 | 25.62 | -1.84% |
HANG LUNG GROUP | 00010 | 12.46 | -1.35% |
Filter: Market cap above HK$10 billion
5. Opening Summary
Hong Kong equities kicked off Thursday on a positive footing, with the Hang Seng Index climbing over 1% as investors reacted to improved global risk sentiment and solid overnight cues from U.S. tech peers.
The tech complex led gains: Li Auto surged more than 4% after upbeat July delivery data, while AI name MINIMAX-W and gaming giant NetEase rallied over 3%. Kuaishou, however, slid nearly 5% amid profit-taking.
Biotech counters dominated the early leaderboard—Metis TechBio, Genscript and CSPC Pharma all leapt between 9%-15% on reported clinical-trial progress. Gold miners Zijin Gold International and Zhaojin Mining tracked stronger bullion prices to add more than 7% each. On the downside, Ascentage and United Lab extended recent weakness following earnings updates.
Sector rotation remained brisk: healthcare and gold stocks drew fresh momentum, while port operators and select traditional pharmas lagged. No major IPOs debuted today, but traders are monitoring the calendar for several tech listings slated later this month.
Source: Public market data and media reports
Disclaimer: For reference only. Not investment advice.