Zhi Tong Cai Jing·2025-08-12 08:45Market Overview - The Hong Kong stock market showed mixed performance, with the Hang Seng Index rising by 0.25% to close at 24,969.68 points, while the Hang Seng Tech Index fell by 0.38% to 5,439.16 points. The total trading volume was HKD 215.42 billion [1] - The outflow of funds from Hong Kong stocks is projected to reach nearly HKD 300 billion for the year, with an expected increase in southbound capital supply exceeding HKD 1.2 trillion [1] Blue Chip Performance - Semiconductor company SMIC (00981) led blue-chip gains, rising 5.03% to HKD 51.15, contributing 17.41 points to the Hang Seng Index. The company is expected to benefit from the domestic semiconductor substitution trend [2] - Other notable blue-chip movements included Zhongsheng Holdings (00881) up 4.01% and Orient Overseas International (00316) up 3.13%, while CSPC Pharmaceutical (01093) fell 3.09% [2] Sector Highlights - Chip stocks rebounded, with SMIC and Huahong Semiconductor both gaining over 5%. The semiconductor sector is expected to see continued growth driven by domestic demand and high capacity utilization [3][4] - Dairy stocks showed strong performance, with Aoyuan Group (02425) surging 43.15% and Modern Dairy (01117) rising 10.32%, benefiting from favorable market conditions [4][5] - The insurance sector saw significant gains, with China Pacific Insurance (02601) up 6.2% and New China Life Insurance (01336) up 3.86%, driven by a recent adjustment in the guaranteed interest rate for traditional insurance products [6] Notable Stock Movements - Zhonghui Biotech (02627) surged 31.31% as it focuses on vaccine development and had a highly oversubscribed IPO [7] - Fosun International (00656) rose 13.3% after confirming its application for a stablecoin license in Hong Kong [8] - Rare wine brand Zhenjiu Lid (06979) increased by 8.04%, with expectations of a market recovery in the liquor industry [9] - Chongqing Machinery (02722) announced a profit increase of approximately 50% for the first half of the year, leading to a 5.92% rise in its stock price [10] - Jin Sangzi (06896) experienced a significant drop of 23.64% due to a profit warning, anticipating a 37% decrease in profit compared to the previous year [11]