Hong Kong Stocks Early Review: Hang Seng Index Opens Up 0.05%, Tech Stocks Rise, Biotech Stocks Active! Mind Dynamic Soars 8.55%, Xiaoi Falls Nearly 6%, BYD Shares Continue to Fall 3%

　格隆汇 August 5th｜ Overnight US stocks three major indices rose over 1.3%, popular tech stocks generally rose, the Hong Kong Stock Connect Index rose 1.33%. Yesterday's stop-and-reversal rebounded with the Hang Seng Index opening up 0.05%, the Hang Seng Composite Index rising 0.03%, and the HSI Technology Index rising 0.15%. On the market, large-cap tech stocks mostly rose, including Kuaishou, Tencent, NetEase, JD.com, Xiaomi, Meituan, Baidu, Alibaba, and others; biotech stocks were active again, with Talega Therapeutics (300347) soaring over 4%, Phoenix Biotechnology (603259), GenePharma, and Junshi Biosciences all rising; AI concept stocks collectively rose, with Mind Dynamic soaring 8.55%, while Xiaoi fell nearly 6%; BYD shares continued to fall 3%. On the other hand, automotive stocks were mixed, with Xiaoi and others falling; gold mining stocks, insurance stocks, construction materials stocks, and textile stocks generally rose. (Glon)