Earnings season for tech companies is here! Optical communications and domestic semiconductor giants take the stage one after another.
Gelonghui, August 9 — A series of major earnings reports are set to be released next week, with U.S. optical communications giants Lumentum and Coherent scheduled to announce their results. Lumentum will report its fiscal fourth quarter (full-year) earnings for fiscal year 2026 after the U.S. market close on Tuesday, August 11 (local time). Coherent will release its fiscal fourth quarter (full-year) earnings for fiscal year 2026 after the U.S. market close on Wednesday, August 12 (local time). Tencent will announce its second-quarter results on Wednesday, August 12, and JD.com will disclose its interim results on Thursday, August 13, which may influence investor sentiment toward tech
AI hardware price hikes ripple through 3C leasing: demand doubles as rental firms dismantle and sell graphics cards and memory modules
① Several equipment leasing providers indicated that compared to the price increases of upstream hardware components such as memory and graphics cards, rental prices for consumer electronics have not risen as significantly, with some products seeing price hikes of approximately 5%. ② Industry insiders revealed that amid rising hardware prices, some suppliers opt to disassemble and directly sell components like graphics cards and memory modules. Many small and medium-sized equipment lessors also sell parts or entire devices to quickly generate cash, planning to repurchase them once prices decline in the future.
Zhitong Stock Connect Active Trading | August 7
Stock Connect Active Trading | August 7, 2026
Southbound Capital Flows | Southbound capital recorded a net sell-off of HK$778 million; continued accumulation of MINIMAX (00100) with combined purchases over two days exceeding HK$4.9 billion
On August 7, southbound capital recorded a net selling of HK$778 million in the Hong Kong stock market. Of this, Stock Connect (Shanghai) reported a net buying of HK$571 million, while Stock Connect (Shenzhen) reported a net selling of HK$1.349 billion.
Semiconductor Manufacturing International Stock Climbs 2.4% in Hong Kong
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%;