On August 5th, Hong Kong stocks opened higher with the HSI up 0.68%, HSCEI up 0.65%, HSTECH up 0.73%, and HSCCI up 0.53%.
Junshi Bio up 34%; XD Inc up 25%; BYD Electronic up 8%; Bilibili, Kuaishou up about 3%; Tencent, Li Auto up 1.6% each; NIO down over 6%.
The Apple concept stocks in the Hong Kong market saw significant gains. BYD Electronic surged by nearly 8%, TK Group rose by 3%, and AAC Tech and FIH increased by over 2%.
Li Auto rose by 1.58% after relaunching the i8 model with a single configuration option and a reduced price below 35,000 yuan. XPeng increased by 2.39%. However, NIO fell by nearly 7%.
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