HSI DEC1 (HSI3112) News

Market Snapshot | All three major indices rose, with the Hang Seng Tech Index up 0.78%; large-model-related stocks performed strongly, Zhipu AI surged nearly 15%, and MINIMAX gained almost 10%; PCB-related stocks advanced, with T.T. Board Holdings rising

Technology and internet stocks declined across the board, with SenseTime Group down 3.95% and NetEase up 1.08%; pharmaceutical stocks rose collectively, led by Pharmaron advancing 12.07% and Insilico Medicine up 10.88%; semiconductor stocks gained, with GigaDevice rising 6.80% and Tianshu Zhixin up 6.31%;

Futu News16:25

Oil Rises, Asian Markets Mixed on Doubts That Strait of Hormuz Can Reopen Soon -- Update

WSJ12:57

Hong Kong Market Midday Review | All three major indices rose, with the Hang Seng Tech Index up 0.34%; large-model and PCB-related stocks were active, with MINIMAX and Zhipu AI surging over 17%, and Shenghong Technology rising more than 11%; pharmaceutica

Tech and internet stocks broadly declined, with SenseTime-W down 4.61% and Kuaishou-W up 1.13%; semiconductor stocks strengthened, with GigaDevice rising 8.31% and Tianshu Zhixin up 7.33%; pharmaceutical stocks advanced, with Pharmaron climbing 8.08% and Asymchem rising 8.07%;

Futu News12:14

Express News | Caixin News Midday Digest, August 7

Breakings12:12

Futu Morning Brief | Trump announces additional tariffs on polysilicon and its derivatives; Terafab AI chip mega-factory project launches with initial investments of $16.8 billion from SpaceX and Tesla; U.S. nonfarm payrolls data to be released tonight at

The Trump administration has banned the export of tungsten scrap and battery waste to enhance the supply capacity of critical minerals; Trump stated that no agreement on the Strait of Hormuz has been reached yet and that he is involved in related negotiations.

Futu News08:18

Hang Seng Index Bull/Bear Ratio (52:48) | August 7

As of August 7, the latest bull-to-bear warrant ratio for the Hang Seng Index stood at 52:48.

Zhitong Finance06:19

HK Market Snapshot | All three major indices declined, with the Hang Seng Tech Index dropping over 2%; tech and internet stocks fell, Baidu down more than 4%, Alibaba and Tencent each falling nearly 3%; MINIMAX surged逆势 by over 17%.

Tech and internet stocks declined, with Baidu Group-SW down 4.38% and Alibaba-W down 2.89%; auto stocks fell, with Leapmotor down 4.70% and Geely Auto down 4.48%; shares across the smartphone supply chain broadly declined, with FIT HON TENG down 4.85% and SMIC down 3.90%;

Futu NewsAug 6 16:22

Hong Kong Market Midday Review | All three major indices declined, with the Hang Seng Tech Index falling 1.87%; artificial intelligence stocks rose, with MINIMAX surging over 16% and Shenghong Technology gaining more than 7%; insurance stocks weakened, wi

Tech and internet stocks declined, with Baidu Group-SW down 3.21% and Alibaba-W down 3.12%; insurance stocks broadly fell, with AIA down 8.75% and China Pacific Insurance down 2.10%; most lithium battery stocks declined, with Ganfeng Lithium down 4.84% and CALB down 4.18%;

Futu NewsAug 6 12:09

Express News | Caixin News Midday Digest – August 6

BreakingsAug 6 12:03

Oil Rises as Traders Await Formal Deal to Reopen Strait of Hormuz -- Update

WSJAug 6 11:40

Alex Kwok: This week's market trading volume has felt relatively insufficient.

Vincent Kwok, Vice Chairman of the Hong Kong Society of Analysts, noted that the market rose initially yesterday before turning volatile. The Hang Seng Index (HSI) opened slightly higher by 38 points at 25,890 on the morning of the 5th, then fluctuated downward to an intraday low of 25,729. However, supported by continuous stabilizing buying interest, the market began to recover. The HSI even rebounded to as high as 25,973, but buying momentum appeared restrained at elevated levels, keeping the broader market range-bound within the aforementioned interval. Following the slight volatility seen in yesterday’s morning session, the month’s market pattern has begun to take shape—initially rising before declining. The HSI has temporarily retreated from its intra-month peak of 26,187 points on the 4th to the day’s low of 25,729 points on the 5th, marking the month-to-date trading range.

AASTOCKSAug 6 09:34

Why Did Trump TACO Again? Analyzing the Ultimate Outcome in the Strait of Hormuz

Winning the election is critically important; Trump cannot afford a prolonged conflict. Iran has gained de facto control over the Strait, and there are two proposed tolling schemes that would save Trump's face—securing a ceasefire from the Houthis would not be difficult.

Xue Tao's Macro NotesAug 6 08:51

Futu Morning Brief | Dow Jones hits new all-time high, gold approaches USD 4,300/oz; Google's AI division undergoes major leadership reshuffle; SanDisk and Western Digital plunge in after-hours trading as guidance misses expectations; MINIMAX, Sanhuan Gro

U.S. media reported that Trump was misled on ammunition stockpile issues and vented his frustration at the Defense Secretary; officials stated that the U.S. Treasury's removal of Iran-related sanctions does not signify a policy shift.

Futu NewsAug 6 08:19

The Hang Seng Index surged 13% in July—does this rally in Hong Kong stocks represent a temporary rebound or a major trend reversal? Two key thresholds will determine the market’s upside potential.

Hong Kong equities are indeed emerging from multiple sources of pressure, but whether they can embark on a genuine, sustained bull market hinges on overcoming two critical thresholds: improvement in corporate earnings and easing of U.S. dollar liquidity. The former determines the trend of the bull market, while the latter dictates its magnitude and resilience.

CITIC Securities ResearchAug 6 07:41

CITIC Securities: Is this round of Hong Kong stock market movement a rebound or a reversal?

This round of rebound in Hong Kong stocks can be understood from two perspectives.

Zhitong FinanceAug 6 07:05

Morgan Stanley: Q3 is the golden window to increase allocations to Hong Kong equities.

Morgan Stanley recommends reweighting into Hong Kong equities and has raised its Hang Seng Index target to 28,400 points. The core rationale lies in improving earnings expectations (easing price competition in the internet sector) and enhanced liquidity (significant underweight positioning by foreign investors and short-covering). The firm is most bullish on the internet sector and believes that IPO lock-up expiration pressures are limited, suggesting investors capitalize on the event-driven opportunity presented by the August adjustment to Stock Connect.

wallstreetcnAug 5 18:48

Market Snapshot | All three major indices rose, with the Hang Seng Tech Index gaining nearly 1%; PCB concept and semiconductor stocks strengthened, with Kingboard Laminates up over 10% and Hua Hong Hongli up nearly 5%; gold stocks advanced, with Zijin Gol

Technology and internet stocks rose broadly, with SenseTime-W up 2.28% and Alibaba-W up 1.83%; non-ferrous metal stocks advanced across the board, with Zijin Gold International up 10.16% and CMOC Group up 8.65%; semiconductor stocks also saw widespread gains, with GigaDevice up 5.70% and Hua Hong Hongli up 4.74%.

Futu NewsAug 5 16:26

Hong Kong Market Midday Review | All three major indices rose, with the Hang Seng Tech Index gaining over 1%; semiconductor and optical communication stocks advanced, with Yangtze Optical Fibre and Cable surging over 11% and GigaDevice climbing over 8%; g

Technology and internet stocks rose broadly, with SenseTime-W up 4.23% and Alibaba-W up 2.31%; non-ferrous metal stocks also gained across the board, with Lingbao Gold rising 9.13% and Zijin Gold International advancing 8.54%; semiconductor stocks saw broad gains as well, with GigaDevice up 8.18% and Hua Hong Hongli up 6.14%.

Futu NewsAug 5 12:16

Alex Kwok: The market is currently digesting gains following a sharp rally, and its near-term direction remains unclear.

Guo Sizhi, Vice Chairman of the Hong Kong Society of Financial Analysts, noted that the broader market rose initially yesterday before turning volatile, extending the gains from the previous six sessions. The Hang Seng Index (HSI) opened 81 points higher at 26,090 on Thursday (4th), then climbed a further 178 points to 26,187 before encountering resistance. As buying interest gradually turned cautious and scattered profit-taking selling pressure emerged at higher levels, the market began to retreat in a volatile manner. The HSI even plunged sharply to 25,802 at one point before stabilizing somewhat, entering a phase of consolidation amid uncertainty. With market direction unclear, sentiment remains highly tentative. From a technical perspective, both the month-to-date high and low for the HSI have provisionally occurred on yesterday’s trading session,

AASTOCKSAug 5 09:53

Futu Morning Brief | Bessent says deal to open strait imminent; Dow Jones and S&P 500 hit record highs; Palantir and Caterpillar surge post-earnings; Anthropic signs another $10 billion compute procurement agreement; Circle, SanDisk, and Western Digital t

The White House plans to extend the Jones Act waiver to ease gasoline price pressures; the probability of a 25-basis-point rate hike by the Federal Reserve in September stands at 58.4%.

Futu NewsAug 5 08:22