[Market Recap]

On August 4, all three major Hong Kong stock indices closed higher. By the close, the Hang Seng Index rose 0.92% to 24,733.45 points; the Hang Seng Tech Index gained 1.55% to 5,481.25 points; and the Hang Seng China Enterprises Index climbed 1.01% to 8,893.48 points. Tech stocks generally rebounded, while the semiconductor sector surged. Among key stocks, Hua Hong Semiconductor rose over 8.5%, Kuaishou gained over 3%, Tencent Holdings rose nearly 3%, Xiaomi Group climbed over 2%, BYD shares fell nearly 1.5%, and Alibaba dropped over 0.5%. Among popular ETFs, the Hang Seng Tech Index ETF (513180) closed higher.

[Southbound Capital]

On August 4, southbound capital recorded a net outflow of HK$18.092 billion from Hong Kong stocks. As of August 4, cumulative net inflows from southbound capital this year reached HK$860.956 billion.

[Overnight U.S. Stocks]

All three major U.S. stock indices closed higher overnight, with the Dow Jones up 1.34%, the S&P 500 rising 1.47%, and the Nasdaq gaining 1.95%. Nvidia surged over 3%, and Disney rose over 2%, leading the Dow. The Wind U.S. Tech Seven Giants Index climbed 2.03%, with Meta and Google both rising over 3%. Most Chinese ADRs advanced, with Hesai Technology up over 8% and Pony.ai gaining nearly 8%.

[Hong Kong Stock-Related ETFs]

(1) Hang Seng Tech Index ETF (513180): Supports T+0 trading; tracks an index covering China’s core AI assets.
(2) Hong Kong Stock Connect Auto ETF (159323): Supports T+0 trading; focuses on leading new energy vehicle stocks in Hong Kong.