HK Stocks Close Higher. HSTECH up 1.5%; InnoScience Soars 30%; SD Gold up 11%; COMEC up 7%; Laopu Gold up 6%; Tencent up Nearly 3%; Xiaomi up over 2%
On August 4, 2025, the Hong Kong stock market closed with gains. The Hang Seng Index rose by 0.92%, the Hang Seng China Enterprises Index increased by 1.01%, the Hang Seng Tech Index climbed by 1.55%, and the Hang Seng China-Affiliated Corporations Index edged up by 0.13%.
In terms of sectors, the military stocks showed significant growth, with AVICHINA rising 6.61% and COMEC up 7.33%. The gold sector also performed well, with SD GOLD surging 10.70% and CHIFENG GOLD increasing by 8.89%. The popular tech stocks in Hong Kong saw positive movements, including XIAOMI-W up 2.15% and TENCENT rising 2.80%.
InnoScience announced that it has recently entered into cooperation with NVIDIA to jointly promote the large-scale implementation of the 800 VDC (800V direct current) power architecture in AI data centers.
Pop Mart stock rose nearly 4% in Hong Kong on Monday. Fueled by strong demand for its IPs such as Labubu and Molly, POP MART is expected to log a growth of over 1.4 times and 1.8 times in its 2025 revenue and earnings, according to a report from DBS Group Research.
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