HK Stock Morning Report: Three Major Indices Open Higher, CATL's Battery Production Pauses, Lithium Battery Concept Stocks Surge!
Glorious 8 August 2025 | Last week HK stocks major indices had a mixed start, with today's three major indices opening higher. The Hang Seng Index rose by 0.35%, the HSI rose by 0.26%, and the Technology Index rose by 0.19%. On the market front, many large technology stocks showed an upward trend, with Alibaba rising by 1.46%, JD.com, Baidu, Meituan, and Kuaishou all rising, while NetEase and Xiaomi fell; CATL ( 300750 ) announced a halt in its lithium mine production, causing lithium battery concept stocks to surge, with Tinci Co., Ltd. ( 002466 ) rising nearly 15%, and Ganzhou Lithium Co., Ltd. ( 002460 ) rising over 11%, with Apple soaring by over 13% last week, its best performance since July 2020! Hong Kong stocks and concept stocks related to Apple generally rose. Beijing's five-ring zone lifted the restriction on home purchases, a sign of stability in the real estate market, and construction-related stocks, innovative drug concept stocks, life insurance stocks, and building materials stocks all rose. On the other hand, auxiliary reproduction concept stocks fell, with Zhentian Xin Reproductive Technology Co., Ltd. dropping by 9%, gold stocks, food stocks, and telecommunications stocks also fell. (Glorious)
