Market Overview - The Hong Kong stock market showed mixed performance with the Hang Seng Index closing up 0.25% at 24,969.68 points and a total trading volume of HKD 215.42 billion [1] - The Hang Seng China Enterprises Index rose by 0.32% to 8,916.85 points, while the Hang Seng Tech Index fell by 0.38% to 5,439.16 points [1] Blue Chip Performance - Semiconductor company SMIC (00981) led the blue-chip stocks, rising 5.03% to HKD 51.15, contributing 17.41 points to the Hang Seng Index [2] - Other notable blue-chip performers included Zhongsheng Holdings (00881) up 4.01% and Orient Overseas International (00316) up 3.13% [2] Sector Highlights - Semiconductor stocks rebounded, with SMIC and Huahong Semiconductor both gaining over 5% [3] - The insurance sector saw significant gains, with China Pacific Insurance (02601) up 6.2% and New China Life Insurance (01336) up 3.86% [5][6] - Coal stocks were active, with China Shenhua Energy (01088) rising 3% and Yanzhou Coal Mining (01171) up 2.95% [6] Emerging Trends - The global semiconductor market is expected to continue its optimistic growth trajectory, driven by AI and domestic demand [4] - The dairy sector showed strong performance, with Aoyuan Group (02425) surging 43.15% [4] - The insurance industry is adjusting to a new regulatory environment, with a decrease in preset interest rates expected to lower costs for new business liabilities [6] Notable Stock Movements - Zhonghui Biotech (02627) surged 31.31% due to strong demand for its vaccine products [7] - Fosun International (00656) rose 13.3% following news of its application for a stablecoin license [8] - Chongqing Machinery (02722) announced a profit increase of approximately 50% for the first half of the year, leading to a 5.92% rise in its stock price [10] - Jin Sangzi (06896) experienced a significant drop of 23.64% due to a profit warning, anticipating a 37% decrease in profit compared to the previous year [11]