UB#HSI RP28023.P (61223) News

Top Performers in Hong Kong Stocks This Week | Yabo Technology Holdings surged over 52% for the week as its subsidiary TGX officially partnered with the Hong Kong Gold Exchange; Guotai Junan International rose nearly 38% after receiving a privatization pr

This week, the Hang Seng Index fell by a cumulative 2.15% to close at 25,116.85 points; over the same period, the Hang Seng Tech Index declined by 3.1% to 4,707.62 points, while the Hang Seng China Enterprises Index dropped by 2.24% to 8,340.83 points.

Futu News14:18

HSI Bull/Bear Street Position Ratio (57:43) | August 15

As of August 15, the latest bull-bear street cargo ratio for the Hang Seng Index stood at 57:43.

Zhitong Finance07:46

Hong Kong: Full-year 2026 real GDP growth forecast revised upward to 3.5%-4.5%; inflation forecast unchanged

On August 14, the Hong Kong SAR Government released the Half-Yearly Economic Report for 2026 and the revised Gross Domestic Product (GDP) figures for the second quarter of 2026.

Zhitong FinanceAug 14 16:46

HK Market Quick Look | All three major indices fell, with the Hang Seng Tech Index dropping 1.77% and MINIMAX declining over 12%. Memory chip and optical communication stocks strengthened; the Direxion Daily Hynix Semiconductor Bull 2X Shares surged more

Internet and technology stocks declined broadly, with JD.com-SW falling 10.41% and Meituan-W dropping 4.44%. Solar photovoltaic stocks performed strongly, with Lens Technology rising 5.03% and Fuyao Glass gaining 1.71%. Pharmaceutical stocks generally fell, with Insilico Medicine down 3.92% and Hengrui Pharma declining 3.74%.

Futu NewsAug 14 16:28

Online users spark heated debate over DeepSeek Harness: a prototype of "self-evolving software"

Beta testers have noted that DSH exhibits the rudiments of "self-evolution," allowing agents to autonomously write and mount plugins. However, current dynamic plugins disappear upon restart, indicating the feature remains in an experimental stage. In response, some developers argue that "software self-evolution" is a pseudo-concept. Furthermore, DSH's reliance on the Node.js toolchain for startup necessitates improvements in user experience. A thriving plugin ecosystem is predicated on accumulating a substantial base of mainstream users.

wallstreetcnAug 14 11:05

Kwok Si-chi: The broader market has shown a marked weakening and appears poised to test new monthly lows.

Guo Sizhi, Vice Chairman of the Hong Kong Stock Analysts Association, stated that the broader market continued its downward trend from the previous two days, facing further pressure during yesterday’s (the 13th) morning session. The Hang Seng Index initially opened 152 points lower at 25,288 points, but later rose to 25,519 points, up 79 points, supported by stabilizing buy orders. However, as buying interest at higher levels grew increasingly cautious and fragmented selling pressure re-emerged, the overall market began to fluctuate and weaken. From a technical perspective, the Hang Seng Index has hovered for the second consecutive day around its 250-day moving average (approximately 25,746 points), 10-day moving average (approximately 25,729 points), and 20-day moving average (approximately 25,469 points).

AASTOCKSAug 14 09:14

Futu Morning Brief | Market Divergence Intensifies! Hawkish Fed Official Calls for Rate Hikes; SanDisk Targets Mid-to-High Double-Digit Growth by 2030 with Gross Margin Goal of ~80%; U.S. Equity Institutional Q2 Holdings Disclosure Deadline Arrives

The yield on the 30-year U.S. Treasury auction surged to 5.216%, hitting a fresh high since 2001; OpenAI's annualized revenue exceeded $40 billion, with plans for an initial public offering (IPO), while Anthropic may list ahead of it.

Futu NewsAug 14 08:19

HSI Bull-Bear Street Cargo Ratio (54:46) | August 14

As of August 14, the latest bull-bear street position ratio for the Hang Seng Index stood at 54:46.

Zhitong FinanceAug 14 06:08

The Inflation Profile of AI Fertile Ground

Is AI ultimately driving inflation or deflation?

Chuan Yue Global MacroAug 13 17:51

CICC: The triple risks of geopolitics, inflation, and policy are gradually receding, with global liquidity expected to become more accommodative in the second half of the year.

A more likely scenario for the second half of the year involves an easing of geopolitical tensions, a downward trend in inflation, and a dovish pivot by the Federal Reserve, which could lead to further loosening of global liquidity.

CICC InsightsAug 13 17:14

CICC: The Impact and Significance of the Expansion of the Hang Seng TECH Index

This will mark the most profound and systemic change to the Hang Seng TECH Index since its launch in 2020. The revision will not only align the index more closely with global technology trends but also maintain its representativeness of the technology sector in the Hong Kong stock market, against the backdrop of the ongoing wave of A-share to H-share listings.

CICC InsightsAug 13 17:02

HK Market Quick Look | Major indices show mixed performance; the Tech Index rises 0.33%, while Tencent drops over 4% post-earnings; AI application and optical communication stocks gain, with Zhipu surging over 9% and Cambridge Industries rising over 6%; L

Internet and technology stocks underperformed, with Tencent down 4.46% and Xiaomi Group -W down 1.82%; non-ferrous metal stocks weakened, with Lingbao Gold dropping 9.43% and China Hongqiao falling 7.12%; mobile gaming stocks declined, with Tencent down 4.46% and Kingsoft Software down 3.21%;

Futu NewsAug 13 16:28

HK Stock Market Midday Review | The three major indices showed mixed performance, with the Hang Seng TECH Index rising 0.3%. Semiconductor stocks advanced, with Hua Hong Hongli surging over 5% and SMIC gaining nearly 4%. Following its earnings release, Te

Internet and technology stocks showed mixed performance, with Tencent down 3.81% and Baidu Group-SW up 2.25%; mobile gaming stocks weakened, with Tencent falling 3.81% and Kingsoft Software dropping 2.92%; non-ferrous metal stocks declined, with Lingbao Gold down 6.78% and Aluminum Corporation of China losing 5.01%;

Futu NewsAug 13 12:13

What are the implications and significance of the expansion of the Hang Seng TECH Index? CICC Analysis

On August 10, Hang Seng Indexes Company published a consultation paper on its official website seeking market feedback on proposed revisions to the methodology for calculating the Hang Seng TECH Index. Key proposals include expanding the index’s technology theme coverage, adjusting the constituent selection mechanism, and increasing the number of constituents.

Zhitong FinanceAug 13 09:11

Futu Morning Brief | AI Faces Not a Demand Shortage but a Compute Shortage! Morgan Stanley Says Supply Bottlenecks May Persist for Years; DeepSeek V4 Pro Official Version Launches, Competing with Grok 4.6; SanDisk Investor Day and SMIC & Hua Hong Semicond

Oil prices retreated after five consecutive sessions of gains, with market focus shifting to the Strait of Hormuz and supply gaps. While Trump claimed "complete control" over the Strait of Hormuz, shipping data reveals that Iran still holds substantial de facto dominance.

Futu NewsAug 13 08:13

DeepSeek V4 Pro Official Version Launches in Late-Night Surprise: Multiple Benchmarks Approach Fable 5, Rivaling Grok 4.6

The DeepSeek official website's API documentation was quietly updated, with the model version switching from the V4-Pro preview to DeepSeek-V4-Pro-0813. The update indicates that the new model supports a 1M context window and a maximum output of 384K tokens. While API pricing has not yet been increased, no changelog for the new model has been released simultaneously. Circulating benchmark comparison tables suggest that the new model's performance in various agent tests approaches that of Anthropic's Claude 3.5 Sonnet, significantly surpassing the V4-Pro preview version.

wallstreetcnAug 13 02:34

Express News | PBOC: Timely plan and introduce practical and effective incremental policies, and strengthen counter-cyclical adjustments.

The central bank released the China Monetary Policy Implementation Report for the second quarter of 2026. In the next phase, the People's Bank of China will firmly grasp the primary task of high-quality development, steadily advance Chinese-style modernization, adhere to the general principle of pursuing progress while maintaining stability, and fully, accurately, and comprehensively implement the new development philosophy. It will fully leverage the effectiveness of existing stock policies, timely plan and introduce practical and effective incremental policies, strengthen counter-cyclical adjustments, make greater efforts to expand domestic demand and optimize supply, and promote sustained economic development that is newer, better, and more robust. We will unswervingly follow the path of financial development with Chinese characteristics, further deepen financial reform and high-level opening-up, accelerate the building of a strong financial nation, improve the central banking system, establish a scientific and robust monetary policy framework and a comprehensive macroprudential management system, and ensure smooth transmission mechanisms for monetary policy.

BreakingsAug 12 18:28

Express News | Citi: Gold and silver still have room to rise; improving geopolitical and macroeconomic conditions will restore investment demand for precious metals.

Citi Research states that the bullish trade in precious metals is not yet over. Silver will continue to follow gold's direction, serving as a more aggressive expression of upside potential due to its higher volatility elasticity. If tensions in the Strait of Hormuz eventually ease, coupled with a less hawkish stance from the Federal Reserve, investment demand for precious metals will continue to recover. Recent market movements have provided context for this view. The settlement price of COMEX August gold futures rose 0.49% to $4,383 per ounce, while silver futures fell 0.5% on the day to $64.769 per ounce, ending a two-day winning streak. Citi believes that short-term corrections do not alter silver's positioning as a high-beta asset relative to gold. If easing geopolitical risks drive capital back into precious metals, silver has the opportunity to rise to $95 per ounce by 2027. However, Citi also retains risk scenarios. The bank estimates there is approximately a 20% probability that silver could fall to $50 per ounce, indicating that current precious metals trading remains highly dependent on interest rate expectations, the U.S. dollar trend, and geopolitical risks. For the market, gold remains the core asset for defense and rate-cut expectations, while silver is better suited to capture elastic gains following a recovery in risk appetite.

BreakingsAug 12 17:10

Dan Bin's latest holdings are out! Newly added positions in 7 companies.

The latest U.S. equity holdings of Dan Bin's fund have been released.

Gelonghui FinanceAug 12 16:57

CICC: Asset Allocation – Has Global Liquidity Reached an Inflection Point?

Continued global monetary easing supports tech-growth sectors, gold, and base metals. Currently, non-AI segments of the U.S. market have yet to fully recover, with employment, consumer spending, and residential investment all showing signs of deceleration—insufficient evidence so far for convergence in the K-shaped divergence.

CICC InsightsAug 12 16:48