Group 1: Market Overview - The Hang Seng Index closed at 26,344 points, with short-term technical signals indicating a "buy" but not a "strong buy" [1] - Resistance levels are identified at 26,840 points and 27,500 points, while support levels are at 25,700 points and 25,000 points [1] - Investors are advised to consider the premium levels of products, as high premiums can affect purchase prices [1] Group 2: Company Analysis - Sunny Optical Technology (02382.HK) - Sunny Optical's stock rose to a high of 87.7 HKD, closing at 87 HKD, breaking through the upper Bollinger Band [3] - Current technical signals suggest a "sell" with slight bearish sentiment, and the first resistance level is at 91.2 HKD [3] - Investors are encouraged to compare options with a 2%-3% out-of-the-money range for better leverage [3] Group 3: Company Analysis - Shandong Gold (01787.HK) - Shandong Gold's stock closed at 38.26 HKD, showing significant gains over the past two days [6] - Current technical signals indicate a "sell," with resistance levels at 40.6 HKD and 43.1 HKD, and support levels at 33.4 HKD and 30.6 HKD [6] Group 4: Company Analysis - SMIC (00981.HK) - SMIC's stock reached a high of 74.05 HKD, with current technical signals summarizing as "sell" [9] - Support levels are noted at 64.7 HKD and 58.6 HKD, with a recommendation for safer options around 58-59 HKD [9] Group 5: Company Analysis - WuXi Biologics (02269.HK) - WuXi Biologics' stock peaked at 40.2 HKD, closing at 40.08 HKD, with short-term technical signals indicating a "sell" [12] - Resistance levels are at 42.1 HKD and 43.8 HKD, while support levels are at 36.8 HKD and 33.6 HKD [12] Group 6: Company Analysis - Lenovo Group (00992.HK) - Lenovo's stock closed at 12.2 HKD, with technical signals summarizing as "sell" and short-term outlook being pessimistic [15] - Resistance levels are at 12.6 HKD and 13.4 HKD, with support levels at 11.5 HKD and 11 HKD [15]

Group 1 - The report highlights that the US ISM services index fell to 50.1 in July, indicating a near stagnation in the services sector [9][11] - The report notes that the US trade deficit narrowed to $60.2 billion in June, the lowest level in 2023, with imports decreasing by 3.7% and exports dropping by 0.5% [11] - AMD reported adjusted earnings of $899 million for Q2, which fell short of expectations, although the company anticipates AI revenue to reach at least several billion dollars for the year [11][24] Group 2 - The Hong Kong Purchasing Managers' Index (PMI) for July was reported at 49.2, indicating a continued deterioration in the business environment, although the rate of decline has slowed [13] - The Chinese services PMI rose to 52.6 in July, the highest in 14 months, surpassing expectations [13] - China Tower's net profit for the first half of the year increased by 8% to 5.8 billion yuan, with revenue rising by 2.8% to 49.6 billion yuan [13] Group 3 - Lenovo is positioned to benefit from a wave of corporate upgrades as Windows 10 support ends in October 2025, with IDC forecasting a 4.3% increase in commercial PC shipments [21] - Alibaba's Hema retail platform is shutting down its membership store business, indicating a strategic shift to focus on its core operations [13] - The report recommends buying shares of Lenovo at a target price of $12.72, citing its leading market share in AI PCs [21]