Hong Kong stocks received a review: the index stopped falling for seven consecutive years, and Innoseco rose another 30%.
2025-08-04 08:13:50
On August 4th, Hong Kong stocks opened lower today and rose sharply. The recovery of chip stocks drove the Hang Seng Technology Index to end a seven-day losing streak. The Hang Seng Index closed up 0.92% at 24,733.45 points. The Hang Seng Technology Index closed up 1.55% at 5481.25 points. As of today's close, the Hang Seng Index's market turnover 2346.82 billion Hong Kong dollars. On the plate, semiconductor stocks led the rise, K12 education and precious metals sectors rose; cryptocurrency concept stocks fell, traditional Chinese medicine stocks and food stocks fell. In terms of individual stocks, Innosecco (02577.HK) closed up more than 30% for the second consecutive trading day, Huahong Semiconductor (01347.HK) rose 8.7%, New Oriental (09901.HK) rose 6.5%, Lenovo Group (00992.HK) rose nearly 5%, Kuaishou (01024.HK) rose more than 3%, Tencent Holdings (00700.HK) rose 2.8%; Petrochemical Group (01093.HK) fell 2.3%, BYD shares (01211.HK) fell 1.5%. Southbound funds sold more than 18 billion yuan net throughout the day.
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