Market Overview - The Hong Kong stock market showed mixed performance on August 11, with major indices fluctuating within a narrow range and overall market sentiment remaining stable[9] - Southbound capital recorded a net inflow of HKD 0.38 million on the same day[9] Key Stock Performances - Apple shares surged over 13% last week, positively impacting related stocks, with Hon Teng Precision rising more than 13%[9] - Ganfeng Lithium saw a significant increase of nearly 21% due to the suspension of operations at its Jiangxia lithium mine, leading to a spike in lithium carbonate futures[9] - Dragon Power Technology and Ruipu Lanjun, part of the energy storage sector, rose over 18% and 5% respectively, with intra-day gains exceeding 23%[9] Sector Highlights - Construction materials and high-speed rail infrastructure stocks were active, with Shanshui Cement rising over 11% following the commencement of several major infrastructure projects[9] - Biopharmaceutical, paper, dairy, photovoltaic, and domestic real estate stocks generally experienced gains[9] U.S. Market Trends - Major U.S. indices declined on August 11, with the S&P 500 down 0.25% and the Nasdaq down 0.30%[3] - Notable tech stocks had mixed results, with Nvidia down 0.35% and Tesla up 2.85%[9] Economic Indicators - The U.S. government is planning to sell shares of Fannie Mae and Freddie Mac, potentially raising USD 30 billion through a large public offering later this year[11] - A recent Goldman Sachs study indicates that the burden of tariffs will increasingly shift from U.S. companies to consumers, with consumer costs expected to rise from 22% to 67% by June[11]