Market Overview - The Hong Kong stock market opened slightly lower on August 12, with the Hang Seng Index at 24,885 points, down 0.08% [1] - The Hang Seng Tech Index reported a decline of 0.53%, reaching 5,431 points [1] Sector Performance - Technology stocks experienced a general decline, with Baidu, Alibaba, and Kuaishou each falling over 1% [3] - The innovative drug sector opened higher, with Fosun Pharma rising over 7% [3] - The Hang Seng Innovative Drug Index increased by 0.69%, while the Hang Seng Hong Kong Stock Connect Innovative Drug Index rose by 0.61% [3] Active Stocks - Domestic brokerage stocks were active, with Xingsheng International gaining over 2% [3] - Oil and gas equipment and service stocks saw significant gains, with Hailong Holdings increasing by over 14% [3] ETF Performance - The Hang Seng Innovative Drug ETF rose by over 1%, leading the performance among ETFs [3] - Other ETFs such as the Hong Kong Stock Connect Innovative Drug ETF and the Hong Kong Medical ETF also showed strong gains [3] - In contrast, the Nikkei 225 ETF increased by over 1%, while German ETFs, French CAC40 ETFs, and S&P Oil and Gas ETFs fell by more than 0.5% [3]

Group 1 - The Hang Seng Consumption ETF (159699) led the gains with an increase of 4.69% [2] - The leading photovoltaic ETF (560980) rose by 2.53% [2] - The Traditional Chinese Medicine 50 ETF (562390) increased by 2.36% [2] Group 2 - The Oil and Gas Resources ETF (563150) experienced the largest decline, falling by 4.18% [2] - The China-Korea Semiconductor ETF (513310) decreased by 3.38% [2] - The French CAC40 ETF (513080) dropped by 2.44% [2]

Market Performance - The three major A-share indices collectively declined, with the Shanghai Composite Index down 0.37%, the ChiNext Index down 0.24%, and the Shenzhen Component Index down 0.17% [1] - The trading volume in the Shanghai, Shenzhen, and Beijing markets was 16,199 billion yuan, a decrease of 3,420 billion yuan compared to the previous day [1] Sector Performance - AI hardware themes generally retreated, with CPO and GPU sectors leading the decline; stablecoins, military industry, and semiconductor stocks also saw significant drops [1] - Conversely, AI applications, photovoltaic, innovative pharmaceuticals, and smart logistics sectors were active [1] ETF Highlights - The Guangfa Fund's Hang Seng Consumer ETF rose by 4.69% [1] - The photovoltaic sector showed strength, with Guangfa Fund's Photovoltaic ETF, Guotai Fund's Photovoltaic 50 ETF, and Huashan Fund's Photovoltaic ETF Index Fund increasing by 2.53%, 1.94%, and 1.94% respectively [1] - The traditional Chinese medicine sector was active, with Yinhua Fund's Traditional Chinese Medicine 50 ETF and Huitianfu Fund's Traditional Chinese Medicine ETF rising by 2.36% and 1.89% respectively [1] International Market Trends - Overnight oil prices declined, leading to a drop of over 5% in Sinopec's stock, and the oil and gas resource ETF fell by 4.18% [1] - The South Korean stock market also declined, with the South Korea Semiconductor ETF down 3.38% [1] - European stock markets closed at their lowest in over a week, with France's CAC40 ETF and Germany's ETF down 2.44% and 2.2% respectively [1] - U.S. stocks experienced a pullback after an initial rise, with the U.S. 50 ETF and Nasdaq ETF both down by 2% [1] - Military stocks were among the biggest losers, with the aerospace and defense ETF down 2.31% [1]

Group 1 - The Hang Seng Consumer ETF (159699) led the gains with an increase of 4.69% [1] - The leading photovoltaic ETF (560980) rose by 2.53% [1] - The Traditional Chinese Medicine 50 ETF (562390) increased by 2.36% [1] Group 2 - The Oil and Gas Resources ETF (563150) was the biggest loser, declining by 4.18% [1] - The China-Korea Semiconductor ETF (513310) fell by 3.38% [1] - The French CAC40 ETF (513080) decreased by 2.44% [1]

Group 1 - The Hong Kong Stock Connect innovative drug ETF (520880) led the gains with an increase of 5.06% [1] - The Huatai-PB innovative drug ETF (517120) rose by 4.95% [1] - The Tianhong innovative drug ETF (517380) increased by 4.56% [1] Group 2 - The 180 governance ETF (510010) was the biggest loser, declining by 2.71% [1] - The German ETF (159561) fell by 2.36% [1] - The French CAC40 ETF (513080) decreased by 2.16% [1]

Group 1 - The ETF market opened with mixed results, with the Kexin 200 ETF (588820) leading gains at 13.56% [1] - The ChiNext 200 ETF from Yinhua (159575) increased by 6.92% [1] - The Financial Real Estate ETF (159940) rose by 3.29% [1] Group 2 - The German ETFs (159561 and 513030) experienced declines, with the former down by 2.58% and the latter by 2.35% [1] - The French CAC40 ETF (513080) fell by 2.27% [1] Group 3 - A new policy allows direct investment in the Sci-Tech Innovation Board without the need for a 500,000 yuan threshold [1]

Group 1 - The ETF market opened with mixed results, with the Southern Computer ETF (159586) leading the gains at 6.16% [1] - The Sci-Tech Innovation Board 50 ETF (588840) increased by 3.79% [1] - The Shanghai 180 ETF Index Fund (530280) rose by 2.99% [1] Group 2 - The Resource ETF (510410) experienced the largest decline, falling by 1.41% [1] - The French CAC40 ETF (513080) decreased by 1.36% [1] - The Rare Metals ETF Fund (561800) dropped by 1.28% [1]