empty
 
 

20.08.202602:15:47UTC+00Hong Kong Stocks Rise on Healthcare, Tech Gains

The Hang Seng Index advanced 0.8%, or 188 points, to 25,685 on Thursday, lifted by strength in healthcare and technology counters. Healthcare and biotechnology names were among the top performers. Everest stood out after posting a 157.3% year-on-year surge in first-half revenue to RMB 1.15 billion and swinging to a non-IFRS net profit of RMB 97.2 million, driven largely by its NEFECON kidney-disease treatment.

Technology stocks also gained. Tencent reported a 176% year-on-year increase in second-quarter capex to RMB 52.8 billion, largely on AI-related investment, while revenue grew 11% and adjusted earnings rose 9%. Market sentiment was further underpinned by China’s decision to leave its one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50%, respectively. Global bond yields eased as well after the US Treasury doubled its long-term debt buyback program, bolstering risk appetite.

Notable movers included Tencent (+0.8%), Xiaomi (+2.7%), GenScript Biotech (+8.3%), SMIC (+1.5%) and WuXi Biologics (+4.6%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback