Opening | Hong Kong stocks open with mixed performance, Tencent Holdings up 0.17%, RemeGen surges 4.42%
Market Watcher2025-08-19
On August 19, 2025, the Hong Kong stock market opened with mixed performance. The Hang Seng Index rose by 0.26%, the Hang Seng China Enterprises Index increased by 0.23%, the Hang Seng Tech Index climbed by 0.24%, and the Hang Seng China-Affiliated Corporations Index edged up by 0.18%.
In terms of industry sectors, the paper industry stocks showed a notable increase, with ND PAPER and LEE & MAN PAPER both rising by 1.24%. The real estate sector also saw gains, with COUNTRY GARDEN up by 2.11% and R&F PROPERTIES increasing by 2.33%. The tech sector, however, remained relatively stable with no significant fluctuations.
TENCENT saw a slight increase of 0.17% following its announcement of repurchasing 931,000 shares at a cost of approximately HKD 550 million. This move is perceived as a strategy to enhance shareholder value and stabilize the stock price.
JD HEALTH experienced a modest rise of 0.38% as the company reported a 24.5% increase in total revenue for the first half of the year, surpassing market expectations. The company's active engagement in the medical AI sector is expected to further improve operational efficiency and user experience.
XPENG-W faced a slight decline of 0.38% despite announcing a strategic partnership with China CITIC Bank, securing a credit line of RMB 10 billion. This collaboration aims to support XPeng's business operations and development, particularly in AI and electrification technologies.
LEAPMOTOR remained stable with no change in stock price. The company reported a significant profit turnaround in the first half of the year, driven by increased vehicle demand and global expansion efforts.
REMEGEN surged by 4.42% after signing a licensing agreement with Santen China for the RC28-E injection, granting Santen exclusive rights in Greater China and other regions. This agreement involves substantial payments and sales sharing, accelerating market access for eye disease treatment solutions.
COUNTRY GARDEN rose by 2.11% as it announced a debt restructuring agreement with a coordinating committee, gaining support from holders of a significant portion of its existing syndicated loan principal and Class 2 debt principal.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.