Ge Long Hui·2025-08-15 08:51Market Performance - The Hong Kong stock market indices collectively closed lower, with the Hang Seng Index and the Hang Seng China Enterprises Index both down by 0.98%, and the Hang Seng Tech Index down by 0.59% [1] - Notably, southbound funds recorded a significant net purchase of Hong Kong stocks amounting to HKD 35.876 billion, setting a new record for single-day net inflows [1] Stock Highlights - Several biotech stocks saw substantial gains, with Silver Lake Pharmaceuticals-B rising by 206.48%, and other notable increases including Pagoda Biopharma-B at 32.45% and Grass White Pharmaceutical-B at 24.56% [2] - The market also witnessed strong performance in the Chinese brokerage sector, with CITIC Securities rising nearly 11%, and other firms like China Galaxy and Zhongzhou Securities increasing by over 9% [3] Sector Performance - Internet healthcare stocks performed well, with Dingdang Health surging to a 36% increase and JD Health rising by 11.67% post-earnings [3] - Conversely, large tech stocks generally underperformed, with JD.com, NetEase, and Alibaba all dropping over 3%, while Meituan fell over 2% [3] - The banking sector faced declines, with major banks like ICBC and Agricultural Bank of China dropping by 3% and over 2% respectively, influenced by market expectations regarding consumer loan subsidy policies [3]