一则大消息，中芯国际拉升

Core Viewpoint - The Hong Kong stock market showed a decline on July 31, with the Hang Seng Index dropping by 1.60% and the Hang Seng Technology Index down by 0.69%, while some sectors like SaaS, gaming, and gambling stocks experienced gains [1][2][3]. Market Performance - The Hang Seng Index closed at 24,773.33, down 403.60 points or 1.60% [3]. - The Hang Seng Technology Index and the Hang Seng China Enterprises Index also saw declines, closing at 5,453.14 and 8,882.95 respectively [3]. Sector Highlights - SaaS stocks such as Youzan and Duiba surged over 10%, driven by positive earnings forecasts from Youzan, which expects revenue between 709 million to 719 million RMB for the first half of 2025, a year-on-year growth of 3.3% to 4.8% [5][6]. - Gambling stocks like MGM China, SJM Holdings, and Sands China rose by 6.41%, 4.02%, and 1.71% respectively [6][7]. - Gaming stock Dreamland saw an increase of over 10% [7]. Semiconductor Sector - Semiconductor stock SMIC experienced a rise of 1.79% after a midday surge of over 5%, following news of Nvidia being questioned regarding security risks associated with its H20 computing chip [9][11]. Technology Sector - Major technology stocks faced declines, with Tencent Holdings slightly up by 0.18%, while Meituan and JD.com fell by 4.55% and 3.15% respectively [13][14]. Financial Sector - The financial sector showed poor performance, with stocks like China Pacific Insurance and China Life Insurance dropping over 4% [18][19]. - Securities firms such as China Merchants Securities and China Galaxy Securities fell by more than 5% [16][18]. Gold Sector - Gold stocks experienced a downturn, with Lingbao Gold dropping over 4% and other companies like Zhaojin Mining and Shandong Gold falling over 3% [21].