四年新高，集体大涨！

Market Overview - The Hang Seng Index (HSI) closed at 26,388.16 points, up 1.16%, marking a new high since September 2021 [2] - The Hang Seng Technology Index rose by 1.71% to 5,989.27 points, while the Hang Seng China Enterprises Index increased by 1.13% to 9,364.94 points [2] - Total market turnover reached HKD 320.73 billion, slightly lower than the previous trading day, with net purchases from southbound funds amounting to HKD 7.33 billion [2] Individual Stock Performance - Alibaba's stock rose by 5.44%, with a trading volume of HKD 25.93 billion [4][6] - Baidu Group saw an increase of 8.08% [4] - Zai Lab's stock surged by 7.43% [4] - Hong Teng Precision fell by 6.88% after two consecutive days of gains [4][13] Biopharmaceutical Sector - The biopharmaceutical sector experienced significant gains, with notable increases in stock prices [9] - The stock of Jiujiu Pharmaceutical (药捷安康 -B) soared by 77.09%, reaching HKD 192.5 per share, a rise of over 13 times since its IPO price of HKD 13.15 [10] - Innovent Biologics (诺诚健华) rose by 14.09%, while WuXi Biologics (维立志博 -B) increased by 6.05% [12] - BeiGene (百济神州) saw a 2.63% increase, with a year-to-date gain of 82.14% [12] - The Hong Kong Stock Exchange reported that BeiGene was increased in holdings by Capital Group, raising its stake from 4.96% to 5.02% [12] - Southwest Securities noted that the innovative drug sector in Hong Kong has entered a profit-driven phase, indicating a shift towards commercial success after years of technological accumulation [12] Apple Supply Chain - Hong Teng Precision, part of the Apple supply chain, experienced a significant drop, attributed to profit-taking after previous gains [14] - Reports indicate that the iPhone 17 has entered mass production, with Morgan Stanley predicting a slight price increase for the iPhone 17 series, the first since 2017 [17] - Other companies in the Apple supply chain, such as BYD Electronics and Sunny Optical Technology, saw minor fluctuations in their stock prices [17]