Market Overview - The Hong Kong stock market indices collectively rose on August 4, with the Hang Seng Index increasing by 0.92% to close at 24,733.45 points, the Hang Seng Tech Index rising by 1.55%, and the Hang Seng China Enterprises Index up by 1.01% [1][2] - The total market turnover for the day was HKD 234.7 billion, with a rare net outflow of southbound funds amounting to HKD 18.092 billion. Year-to-date, as of August 1, southbound funds have accumulated a net inflow of HKD 879.049 billion into Hong Kong stocks [1][2] Semiconductor Sector - In the semiconductor sector, InnoCare Technologies saw a significant increase, closing at HKD 75.15 per share with a rise of 30.47% and a trading volume of HKD 4.733 billion. The company announced a partnership with NVIDIA to promote the large-scale implementation of an 800 VDC power architecture in AI data centers [6] - Other semiconductor stocks also performed well, with Hua Hong Semiconductor rising by 8.69% and SMIC increasing by 2.90% [7] Gold Sector - The gold sector experienced a notable surge, with Lao Pu Gold rising by 6.23% to close at HKD 733.00 per share, marking a year-to-date increase of 179.85%. The demand for gold as a safe-haven asset has been driven by international uncertainties [14] - Lao Pu Gold projected a revenue of RMB 12 billion to 12.5 billion for the first half of the year, representing a year-on-year growth of 241% to 255%, and a net profit of RMB 2.23 billion to 2.28 billion, up 279% to 288% [16] - Other gold stocks also saw positive performance, with Shandong Gold rising by 10.7% and Chifeng Gold increasing by 8.89% [16] Real Estate Market - In the real estate sector, the number of property sale agreements in Hong Kong for July 2025 was reported at 7,212, a decrease of 0.8% month-on-month but an increase of 37.1% year-on-year. The total value of these agreements was HKD 54.6 billion, down 17.8% month-on-month but up 28% year-on-year [17] - Residential property agreements accounted for 5,766 of the total, with a month-on-month decrease of 3.2% but a year-on-year increase of 54.9%. The total value of residential agreements was HKD 46.4 billion, down 24.1% month-on-month but up 29.9% year-on-year [17] Company-Specific Movements - Zhongke Biological experienced a dramatic increase of 47.76%, closing at HKD 0.99 per share. There are expectations that it may be included in certain indices, which could drive passive fund allocation [8][10] - Conversely, China New City saw a significant decline of 27.86%, partially reversing earlier gains, although it still recorded a year-to-date increase of 26.25% [11][13]

Market Overview - The Hong Kong stock market experienced a collective rise on August 4, with the Hang Seng Index increasing by 0.92% to close at 24,733.45 points, and the Hang Seng Technology Index rising by 1.55% [2][3] - The total market turnover for the day was HKD 234.7 billion, with a rare net outflow of southbound funds amounting to HKD 18.092 billion [2] Company Highlights - Lao Pu Gold saw a significant rebound, closing at HKD 733.00 per share, up 6.23%, with a year-to-date increase of 179.85% [10][12] - The company announced a positive earnings forecast, expecting revenue between RMB 12 billion to 12.5 billion, a year-on-year increase of 241% to 255%, and a net profit of RMB 2.23 billion to 2.28 billion, a growth of 279% to 288% [12] - Bank of America raised its adjusted net profit forecasts for Lao Pu Gold for the next two years by 11% and 6%, projecting revenues of RMB 13.8 billion for the second half of the year, a 178% increase year-on-year [12] - In the semiconductor sector, InnoTek surged by 30.47% to HKD 75.15 per share after announcing a partnership with NVIDIA [6] - Zhongke Biological experienced a dramatic increase of 47.76%, closing at HKD 0.99 per share, with speculation of potential index inclusion driving investor interest [8] Sector Performance - The gold sector performed well overall, with Shandong Gold rising by 10.7% and Chifeng Gold increasing by 8.89% [12] - The real estate market in Hong Kong showed mixed signals, with July's property transaction contracts totaling 7,212, a year-on-year increase of 37.1%, but a month-on-month decrease of 0.8% [13]

Group 1 - The Hang Seng Tech Index increased by 1.55% [1] - Semiconductor stocks led the gains, with InnoPhase rising approximately 30% after announcing a partnership with NVIDIA to promote the large-scale implementation of 800 VDC power architecture in AI data centers [1] - Hua Hong Semiconductor rose about 9%, while SMIC increased by approximately 3% [1] Group 2 - Southbound funds recorded a net sell-off of approximately 18.1 billion, marking the largest single-day net sell since May 12 [1]

【恒生指数收盘涨0.92%，南向资金净卖出约181亿元】恒生科技指数涨1.55%。半导体股涨幅居前，英 诺赛科涨约30%，公司宣布与英伟达达成合作，联合推动800 VDC电源架构在AI数据中心的规模化落 地；华虹半导体涨约9%，中芯国际涨约3%。南向资金净卖出约181亿元，创5月12日以来最大单日净卖 出。 ...

继上周五收涨近31%后，英诺赛科(2577.HK)今日继续上涨，午后涨幅进一步扩大至超27%，报73.55港元，再创历史新高，截至目前成交额放大至近30亿 港元。 消息面上，公司宣布，已于近日与英伟达达成合作，联合推动800 VDC(800伏直流)电源架构在AI数据中心的规模化落地。该架构是英伟达针对未来高效 供电兆瓦级计算基础设施而专门设计的新一代电源系统，相比传统54V电源，在系统效率、热损耗和可靠性方面具有显著优势，可支持AI算力100-1000倍 的提升。 ...

Group 1 - The core viewpoint of the news is that InnoCare (2577.HK) has experienced significant stock price increases, rising nearly 31% last Friday and continuing to rise over 24% today, reaching HKD 71.42 with a trading volume of HKD 2.4 billion [1][3] Group 2 - The company has recently announced a partnership with NVIDIA to jointly promote the large-scale implementation of the 800 VDC (800-volt direct current) power architecture in AI data centers [3] - This new power system, designed specifically by NVIDIA for future efficient power supply in megawatt-level computing infrastructure, offers significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power systems [3] - The 800 VDC architecture is capable of supporting a 100 to 1000 times increase in AI computing power [3]

Group 1: Market Overview - The Hong Kong stock market opened lower but rebounded, with the Hang Seng Index closing at 24,627.25 points, up 119.44 points, or 0.49% [1] - The Hang Seng Tech Index also rose, closing at 5,447.62 points, up 50.22 points, or 0.93% [1] - Gold stocks in Hong Kong surged, with Shandong Gold and Chifeng Gold rising over 9% due to increased attractiveness of gold amid Fed rate cut expectations [1][16] Group 2: Company Performance - Xia Bo Xia Bo - Xia Bo Xia Bo, known as the "first rotating hot pot stock," announced a projected revenue of approximately RMB 1.9 billion for the first half of the year, a year-on-year decrease of about 18.9% [3] - The company expects a net loss between RMB 80 million to 100 million, with a year-on-year decline in losses of approximately 63.2% to 70.5% [3] - Since 2021, Xia Bo Xia Bo has faced continuous losses, accumulating a total loss of approximately RMB 1.326 billion from 2021 to 2024 [4] Group 3: Stock Performance - Xia Bo Xia Bo - Xia Bo Xia Bo's stock price fell nearly 4% in early trading, with a cumulative decline of over 92% since its peak in January 2023, leaving a market capitalization of only HKD 815 million [5] - The stock price was reported at HKD 0.75 per share, reflecting a drop of 3.85% [5][6] Group 4: Gold Market Dynamics - The recent surge in gold prices, with London gold spot prices rising over 2% to USD 3,362.64 per ounce, has been attributed to increasing expectations of a Fed rate cut [16] - This rise in gold prices has led to a significant increase in the stock prices of gold companies in Hong Kong, with several stocks rising over 8% [15][16] Group 5: InnoTek's Market Activity - InnoTek's stock price increased by over 40% in two trading days, driven by a partnership with NVIDIA to promote an 800 VDC power architecture for AI data centers [9][12] - The stock price reached HKD 62.65, with a market capitalization of HKD 56.03 billion [11]

【导读】机械设备板块走高，医药股回调 中国基金报记者 晨曦 大家好！来一起关注上午的市场行情和最新资讯～ 8月4日上午，A股市场走势分化，沪指盘中拉升翻红。截至午间收盘，上证指数涨0.2%，深证成指跌 0.28%，创业板指跌0.49%。 | more of 3567.02 | 10960.75 | more in | 2311.27 | House | | --- | --- | --- | --- | --- | | 上证指数 +0.20% | 深证成指 -0.28% | | 创业板指 -0.49% | | 全市场半日成交额为9323亿元，较上日小幅缩量；全市场近2800只个股上涨。 盘面上，航天军工、贵金属、纺织服饰、银行、机械设备等板块走高，军工信息化、黄金珠宝、工业母 机等概念股活跃；医药股回调，零售、通信、教育等板块不振。 | | | Wind热门概念指数 | | | --- | --- | --- | --- | | 军工信息化 3.70% | 商业航天 2.96% | 军民融合 2.95% | 大飞机 2.92% | | 航母 2.90% | 黄金珠宝 2.66% | 培育钻石 2.33% | ...

Group 1 - The core point of the article is that InnoCare (2577.HK) has entered into a partnership with NVIDIA to promote the large-scale implementation of the 800 VDC (800-volt direct current) power architecture in AI data centers, following a nearly 31% increase in stock price the previous Friday [1] - The 800 VDC power architecture is specifically designed by NVIDIA for future efficient power supply in megawatt-level computing infrastructure, offering significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power systems [1] - This new power system can support an increase in AI computing power by 100 to 1000 times, indicating a substantial potential for growth in the AI sector [1]

Group 1 - InnoCare (02577.HK) has partnered with NVIDIA to promote the large-scale implementation of the 800 VDC power architecture in AI data centers, which is designed for efficient power supply in megawatt-level computing infrastructure [1] - The 800 VDC system offers significant advantages over traditional 54V systems in terms of efficiency, thermal loss, and reliability, enabling a 100-1000 times increase in AI computing power [1] - The company's third-generation GaN devices provide a comprehensive power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V [1] Group 2 - China Ruyi (00136.HK) received a strategic investment of HKD 3.9 billion from Wuji Capital to accelerate business expansion and acquisition plans [2] - LEPU Biopharma-B (02157.HK) has authorized T-cell connector technology with an upfront payment of USD 10 million and potential milestone payments of up to USD 850 million [2] - Sinopec Engineering (02386.HK) signed a front-end engineering design (FEED) contract for a large green hydrogen project in Yanbu, Saudi Arabia [2] Group 3 - Geely Automobile (00175.HK) reported total vehicle sales of 237,700 units in July, a year-on-year increase of 58% [3] - Great Wall Motors (02333.HK) achieved approximately 104,372 vehicle sales in July, reflecting a year-on-year growth of 14.34% [3] - NIO-SW (09866.HK) delivered 21,017 vehicles in July [3]