Hong Kong Stocks Review: Hang Seng Index Rises 0.03%, Tech Stocks Diversify, Anti-Carnival Sector Strong, Aviation Stocks Plummet! Cathay Pacific Falls 9.66%, Tencent Rises 1.7%, Jihua Paper Industry Rises 10.75%, Ideal Automobile Plunges Over 5%

　　 Grontology August 6th｜Hong Kong Stocks three major indexes closed with gains and losses, the Hang Seng Index rose 0.03% during the day, reaching a high of 25,000 points, the tech index rose 0.2%, the state-owned enterprise index fell 0.21%, and all three indexes showed a narrow range of fluctuations throughout the day.

　　 On the market, large-cap tech stocks fluctuated, Tencent rose 1.7%, and companies such as Meituan, Alibaba, and Baidu fell below 1%; related anti-carnival sectors performed strongly, with paper-making stocks leading the way, Jihua Paper Industry (000488) and Huayi Paper Industry (000488) both rising 10.75% and setting new highs, coal stocks, steel stocks, and military-industry-related stocks all showed strong gains.

　　 On the other hand, aviation stocks plummeted in the afternoon, with Cathay Pacific falling by as much as 9.66%, and the three major airlines fell over 1.3% respectively; financial institutions such as Bank of Communications (601328), Agricultural Bank of China (601288), and China Merchants Bank (601998) all fell by 2% respectively; sports equipment stocks, brain-machine interface concept stocks, wind power stocks, and real estate-related stocks were mostly down.