Ge Long Hui·2025-08-22 04:05Market Overview - The Hong Kong stock market saw all three major indices rise in the morning session, with the Hang Seng Tech Index surging by 1.8% at one point and closing up 1.61% [1] - The Hang Seng Index and the Hang Seng China Enterprises Index increased by 0.32% and 0.53% respectively, indicating a noticeable improvement in market sentiment [1] Sector Performance - Large technology stocks generally experienced upward trends, with Kuaishou rising over 4%, Xiaomi and Tencent up by 1.6%, and Alibaba increasing by more than 1% [1] - Semiconductor stocks were notably impacted by two news items, with Hua Hong Semiconductor soaring over 12% and SMIC rising more than 6% [1] - Sportswear stocks continued to climb, with Li Ning's post-earnings surge exceeding 7%, reaching a new high [1] - Apple-related stocks collectively rose as Bank of America indicated that the Apple supply chain is entering a multi-year upgrade cycle [1] Weak Performers - Airline stocks fell sharply following news that Boeing is negotiating to sell up to 500 aircraft to China, with China Southern Airlines dropping over 6% [1] - Heavy infrastructure, brain-computer interface, coal, gaming, solar, and oil stocks showed weak performance [1]