Mei Ri Jing Ji Xin Wen·2025-08-25 02:17Group 1 - The Hong Kong stock market opened positively on August 25, with the Hang Seng Index rising by 1.06% and the Hang Seng Tech Index increasing by 1.49% [1] - The largest ETF in the same sector, the Hang Seng Tech Index ETF (513180), saw its gains exceed 2.5%, with notable increases in stocks like NIO, SMIC, Kingdee International, Baidu, and Alibaba, particularly NIO which surged over 13% [1] - NIO officially launched its new ES8 model on August 21, with a pre-sale price range of 416,800 to 456,800 yuan, and battery leasing options priced between 308,800 to 348,800 yuan, with deliveries expected to start in late September [1] Group 2 - Morgan Stanley noted that despite the lower price, the new ES8 has a larger size, longer range, and enhanced features, including a larger LED display and advanced charging capabilities, which could further boost NIO's stock price [1] - The stock price of NIO has increased by 49% over the past two months, significantly outperforming the S&P 500's 7% rise during the same period, indicating strong market interest [1] - The Federal Reserve's potential interest rate cut has raised expectations for improved liquidity in overseas markets, which could benefit the Hong Kong stock market, particularly the tech sector [2]