Hong Kong Stocks Midday Review: Hang Seng Index closes down 0.95%, S&P 500 Index closes down 1.76%

2025-07-29 12:00:57

As of midday close, the Hang Seng Index closed down 0.95%, and the Sci-Tech Index closed down 1.76%. The Hong Kong biopharmaceutical sector continued to rise, with WuXi AppTec rising over 10% and Tigermed Pharmaceuticals rising over 5%.

WuXi AppTec

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Weekly Highlights

                                    Novo Nordisk (NVO.N): The downward revision of its fiscal year sales forecast is related to declining sales of its weight loss drug Wegovy in the United States.
                            2025-07-29

                                    Toyota Motor Corp. is expected to decide as early as Wednesday evening whether to resume operations at its Japanese factories.
                            2025-07-30

                                    CATL's losses widened in the afternoon, with A shares falling more than 4% to below 280 yuan and H shares falling more than 7%.
                            2025-07-30

                                    BYD: Sales of new energy vehicles in July were 344,296 units. The cumulative sales of new energy vehicles from January to July were 2,490,250 units, a year-on-year increase of 27.35%.
                            2025-08-01

                                    Amazon (AMZN.O) shares plummeted 7.1 percent, wiping out $178 billion in market value.
                            2025-08-01