HK Close | Tech and Precious-Metal Shares Guide HSI Higher; MiniMax Jumps 10%; Alibaba Gains 2%

Tiger Newspress08-05 16:30

I. Market Overview

Hong Kong equities ended the Aug 5 session with moderate gains. The Hang Seng Index finished at 25,915.82, up 0.24%, while the Hang Seng China Enterprises Index closed at 8,603.73, rising 0.34%. Strength in technology and metals counters helped the Hang Seng Tech Index outperform, settling at 4,933.07 for a 0.97% advance. Trading was orderly, with buying interest focusing on semiconductor names and companies exposed to precious-metal themes after spot prices for gold and silver firmed during Asian hours.

Total market turnover reached HK$269.29 billion, indicating active participation across large-cap technology, commodity-related and recently listed names.

II. Sector Performance

Large-cap Tech Stocks

Blue-chip technology shares posted mixed but generally positive moves: Tencent +0.94% to HK$492.20, Alibaba +1.83% to HK$128.10 and Meituan +0.38% to HK$93.05 edged higher; hardware-oriented plays such as SMIC +4.13% to HK$68.00 and Lenovo +5.87% to HK$26.28 outperformed, while Xiaomi –1.14% to HK$27.64 lagged.

Top Performing Sectors

  • Silver +10.00%

  • Gold +8.82%

  • Diversified Metals & Mining +8.09%

Bottom Performing Sectors

  • Tobacco –3.81%

  • Forest Products –3.46%

  • Office Services & Supplies –2.67%

III. Top 10 Gainers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

HAIZHI TECH GP

02706

54.50

+42.89%

FIT HON TENG

06088

6.18

+17.25%

VGT

02476

221.20

+16.18%

CHINA STAR ENT

00326

8.96

+14.86%

CFMEE

09630

356.00

+14.84%

YOFC

06869

121.00

+14.58%

TH MEDICAL-B

02697

850.00

+14.09%

ENVISION GREEN

01783

5.04

+13.12%

CHINAGOLDINTL

02099

205.40

+13.11%

ALEBUND-B

09637

33.20

+13.00%

Filter: Market cap>HKD10B

IV. Top 10 Losers in Hong Kong Market Today

Stock Name

Ticker

Price (HKD)

Daily Change

YUNJI

02670

145.00

-12.12%

ZCLOUD TECH-NEW

09900

5.25

-7.08%

ZJ INNOLIGHT

03308

1116.00

-5.18%

CIG

06166

82.15

-4.70%

DUALITYBIO-B

09606

182.00

-4.26%

SMOORE INTL

06969

8.71

-3.81%

EASY SMART GP

02442

67.50

-3.36%

EASTROC

09980

115.40

-3.27%

AUNTEA JENNY

02589

121.90

-3.25%

SENASIC

06675

31.00

-3.06%

Filter: Market cap>HKD10B

V. Closing Summary

The Hong Kong market wrapped up the Aug 5 session on a firmer footing, with all three key benchmarks in positive territory. The HSI added 0.24%, the HSCEI improved 0.34%, and the tech-heavy HSTECH climbed 0.97%. Solid turnover of HK$269 billion underscored healthy liquidity as investors rotated toward commodity and technology themes amid firm external price cues for precious metals.

Large-cap technology counters provided reliable support. Chipmakers were the standouts, with SMIC gaining 4.13% and Lenovo up 5.87%. Platform leaders Tencent, Alibaba and Meituan all closed slightly higher, cushioning the drag from Xiaomi (-1.14%) and NetEase (-1.46%). Investor focus on semiconductors echoed intraday media coverage flagging robust demand for storage-related names in Hong Kong.

Away from blue chips, price action was vibrant. Newly listed or mid-cap growth stocks dominated the gainer board, led by Haizhi Tech GP (+42.89%) and Fit Hon Teng (+17.25%). In contrast, profit-taking weighed on select medical, consumer and vaping names, sending Yunji down 12.12% and Smoore International off 3.81%.

Sector rotation was pronounced: metals-linked groups such as Silver (+10.00%) and Gold (+8.82%) led gains, mirroring stronger bullion prices, while Tobacco (-3.81%) and Forest Products (-3.46%) lagged. A midday “HK Movers” update highlighted sharp advances in memory-related ETFs, reinforcing enthusiasm for semiconductor exposure. IPO activity also stayed in the spotlight, with several recently listed biotech and tech names featuring prominently among top movers, reflecting ongoing appetite for high-growth themes despite selective volatility.

Sources: Public market data, summarized media reports

Disclaimer: This content is for reference only and does not constitute investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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