Shanghai Stock Market Midday Review: Hang Seng Index Up 0.62%! Tech Index Up 1.96%!
August 18th news, the Shanghai Stock Market's three major indexes opened high and closed high. As of midday, the Hang Seng Index rose 0.62%, to 25426.53 points, the Tech Index rose 1.96%, and the National Informatization Index rose 1.01%. On the trading floor, tech stocks generally rose, with Lenovo, JD.com, and NetEase rising over 4%; video game stocks surged, with NEMOTIV rising over 37%; internet healthcare stocks rose, with JD Health rising nearly 7%; and automotive stocks led the way, with Great Wall Motors (601633) rising over 12%.
Video game stocks surged, with NEMOTIV rising over 37%. As of August 18th at 4 pm, the total box office revenue for the summer film season (including pre-sales) reached 99.56 billion yuan, poised to break through the 100-billion mark; the total number of viewers exceeded 260 million, a significant increase from last year's same period.
Internet healthcare stocks rose, with JD Health rising nearly 7%. JD Health released its mid-year performance report for 2025. For the first half of 2025, JD Health's total revenue reached 353 billion yuan, a year-on-year increase of 24.5%; non-IFRS net profit reached 35.7 billion yuan, a year-on-year increase of 35%.
Automotive stocks led the way, with Great Wall Motors rising over 12%. China Securities Research published a research report stating that the automotive industry continued its sluggish performance in early August, with new energy vehicles outperforming traditional fuel-powered cars. We maintain our optimistic expectations for the second half of the year, as market sentiment has already begun to pre-emptively perform.
Chinese brokerage stocks generally rose, with Minsheng Financial rising over 5%. HuaAn Securities (002926) stated that as the market's risk appetite continues to rise, brokerages' net asset value will enter an upward cycle. Moreover, this round of brokerage performance may be characterized by stronger stability and continuity, attracting attention to the market's positive feedback loop.
Source: Sina News