HK Stock Connect Daily Report: Pharmaceutical Sector Explodes Across the Board, EVEREST MED Surges 41%! KUAISHOU-W Drops 11% After Results - 20260820

On August 20, the three major Hong Kong indices rose in tandem. The Hang Seng Index gained 0.8% to 25,698.49 points and the Hang Seng TECH Index rose 0.39%, with turnover at HKD 269.1 billion. The success of the world's first mRNA cancer vaccine Phase III clinical trial ignited the pharmaceutical sector, with EVEREST MED surging 41.43% and GENSCRIPT BIO up 13.62%. Gold stocks advanced, with ZIJIN GOLD INTL up 11.25%. Automakers recovered broadly, with LI AUTO-W up 5.53%. Southbound capital recorded a net sell of HKD 10.412 billion. KUAISHOU-W posted Q2 adjusted net profit of RMB 3.9 billion with Kling AI revenue up over 200% year-on-year, but its shares fell 11%. SIMCERE PHARMA issued a positive profit alert, and Junlebao Dairy Group filed with HKEX.

I. Market Overview

On August 20, the three major Hong Kong indices rose in tandem. The Hang Seng Index gained 0.8% to 25,698.49 points; the Hang Seng TECH Index rose 0.39%; and the Hang Seng China Enterprises Index rose 0.90%. Full-day turnover was HKD 269.119 billion, up from the previous trading day.

On the market, the success of the world's first mRNA cancer vaccine Phase III clinical trial ignited the pharmaceutical sector: EVEREST MED (01952.HK) surged 41.43%, GENSCRIPT BIO (01548.HK) rose 13.62%, and METIS TECHBIO-P (07666.HK) rose 27.99%. Gold stocks advanced again, with ZIJIN GOLD INTL (02259.HK) up 11.25% and LINGBAO GOLD (03330.HK) up 5.99%. Automakers recovered broadly, with LI AUTO-W (02015.HK) up 5.53% and NIO-SW (09866.HK) up 4.49%. Paper stocks led the declines, with ND PAPER (02689.HK) down 16.8%; KUAISHOU-W (01024.HK) fell 11.0%.

Southbound capital recorded a net sell of HKD 10.412 billion on the day. Within that, Stock Connect (Shanghai) saw a net sell of HKD 5.111 billion and Stock Connect (Shenzhen) a net sell of HKD 5.301 billion.

II. HK Stock Connect Stock Rankings

2.1 HK Stock Connect Stock Gainers and Decliners

Category

Stock Code

Stock Name

Change (%)

Close (HKD)

Turnover (HKD 100mn)

Gainer 1

01952.HK

EVEREST MED

41.43

33.66

42.69

Gainer 2

06185.HK

CANSINOBIO

37.36

32.06

13.94

Gainer 3

02706.HK

HAIZHI TECH GP

15.19

44.60

3.50

Gainer 4

01548.HK

GENSCRIPT BIO

13.62

33.36

37.88

Gainer 5

01177.HK

SBP GROUP

12.53

5.39

21.10

Loser 5

00667.HK

CHINA EAST EDU

-9.32

3.94

1.36

Loser 4

01276.HK

HENGRUI PHARMA

-9.63

49.66

14.31

Loser 3

01024.HK

KUAISHOU-W

-11.01

33.64

84.36

Loser 2

02013.HK

WEIMOB INC

-13.51

0.96

1.88

Loser 1

02689.HK

ND PAPER

-16.80

6.59

7.51

Source: Wind, HKEX. The content of this article is for the objective presentation of data only and does not constitute any investment advice, nor does it represent a recommendation for or value judgment on any security. The market involves risks; investment requires caution.

2.2 HK Stock Connect Active Stocks (ranked by southbound turnover)

Rank

Stock Code

Stock Name

Southbound Turnover (HKD 100mn)

Southbound Net Buy (HKD 100mn)

Change (%)

1

09988.HK

ALIBABA-W

62.20

22.05

1.61

2

01952.HK

EVEREST MED

47.89

-3.18

41.43

3

00700.HK

TENCENT

40.21

-4.09

0.94

4

01024.HK

KUAISHOU-W

40.07

11.44

-11.01

5

00981.HK

SMIC

32.91

-3.51

-1.23

6

01548.HK

GENSCRIPT BIO

28.44

2.06

13.62

7

02800.HK

Tracker Fund Of Hong Kong

27.62

-27.59

0.85

8

01810.HK

XIAOMI-W

27.57

-0.22

1.17

9

02513.HK

Z.AI

21.45

0.01

1.09

10

00100.HK

MINIMAX-W

18.43

-0.45

6.16

Source: Wind, HKEX. The content of this article is for the objective presentation of data only and does not constitute any investment advice, nor does it represent a recommendation for or value judgment on any security. The market involves risks; investment requires caution.

III. HK Stock Connect-related A-share ETF Rankings

3.1 HK Stock Connect-related A-share ETF Gainers and Decliners

Category

Code

Short Name

Change (%)

Turnover (RMB 100mn)

Gainer 1

159506

Fullgoal Hang Seng HK Equities Innovative Drugs And Health Care ETF

5.59

12.36

Gainer 2

513780

Invesco Great Wall CSI HK Equities Innovative Drugs ETF

5.20

13.14

Gainer 3

159567

Yinhua CNI HK Equities Innovative Drugs ETF

5.19

23.49

Gainer 4

520970

Harvest CSI HK Equities Innovative Drugs ETF

5.16

2.62

Gainer 5

159217

ICBCCS CNI HK Equities Innovative Drugs ETF

5.14

11.36

Loser 5

/

/

/

/

Loser 4

/

/

/

/

Loser 3

159568

Bosera CSI HK Equities Internet ETF

-0.09

0.79

Loser 2

520910

ChinaAMC CSI HK Equities Internet ETF

-0.15

0.42

Loser 1

159010

Bosera Hang Seng HK Technology Theme ETF

-0.54

0.07

Source: Wind. The content of this article is for the objective presentation of data only and does not constitute any investment advice, nor does it represent a recommendation for or value judgment on any security. The market involves risks; investment requires caution.

3.2 HK Stock Connect-related A-share ETF Active Rankings (ranked by turnover)

Rank

Code

Short Name

Tracking Index

Turnover (RMB 100mn)

Turnover Rate (%)

Change (%)

1

159570

China Universal CNI HK Equities Innovative Drugs ETF

CNI HK Equities Innovative Drugs Index

45.09

17.23

5.08

2

159567

Yinhua CNI HK Equities Innovative Drugs ETF

CNI HK Equities Innovative Drugs Index

23.49

29.42

5.19

3

159316

E Fund Hang Seng HK Innovative Drugs ETF

Hang Seng HK Innovative Drugs Index

17.25

25.17

4.81

4

159131

Hwabao CSI HK Equities Information Technology Integration ETF

CSI HK Equities Information Technology Integration Index (RMB)

14.42

63.44

0.74

5

159792

Fullgoal CSI HK Equities Internet ETF

CSI HK Equities Internet Index

14.29

3.52

0.51

6

513780

Invesco Great Wall CSI HK Equities Innovative Drugs ETF

CNI HK Equities Innovative Drugs Index

13.14

41.40

5.20

7

159506

Fullgoal Hang Seng HK Equities Innovative Drugs And Health Care ETF

Hang Seng HK Equities Innovative Drugs And Health Care Index

12.36

36.19

5.59

8

159217

ICBCCS CNI HK Equities Innovative Drugs ETF

CNI HK Equities Innovative Drugs Index

11.36

15.07

5.14

9

520700

Wanjia CSI HK Equities Innovative Drugs ETF

CNI HK Equities Innovative Drugs Index

9.59

120.49

5.08

10

520880

Hwabao WP Hang Seng HK Innovative Drugs Selected ETF

Hang Seng HK Innovative Drugs Selected Index

9.03

38.32

5.10

Source: Wind. The content of this article is for the objective presentation of data only and does not constitute any investment advice, nor does it represent a recommendation for or value judgment on any security. The market involves risks; investment requires caution.

IV. Industry and Corporate Updates

1. KUAISHOU-W posts Q2 adjusted net profit of RMB 3.9 billion; Kling AI revenue up over 200% year-on-year

After market close on August 19, KUAISHOU-W (01024.HK) disclosed its second-quarter 2026 results. Second-quarter total revenue was RMB 35.5 billion, up 1.4% year-on-year; adjusted net profit was RMB 3.9 billion, with an adjusted net profit margin of 11.0%. First-half total revenue was RMB 69.251 billion, up 2.4% year-on-year; adjusted net profit was RMB 7.287 billion. Average daily active users reached 412.3 million in the second quarter, a record high. Kling AI generated revenue of over RMB 850 million, up over 200% year-on-year. KUAISHOU-W is a Stock Connect constituent.

2. SIMCERE PHARMA issues positive interim profit alert, expecting first-half profit attributable to owners up 34.8%–43.1%

On August 20, SIMCERE PHARMA (02096.HK) issued a positive profit alert, expecting first-half revenue of RMB 4.55 billion to RMB 4.61 billion, up approximately 26.9%–28.6% year-on-year; profit attributable to owners of approximately RMB 810 million to RMB 860 million, up approximately 34.8%–43.1% year-on-year; and adjusted net profit attributable to owners of approximately RMB 950 million to RMB 1.0 billion, up approximately 46.5%–54.2% year-on-year. The growth mainly benefits from the rising share of innovative drug revenue and contributions from BD out-licensing income. SIMCERE PHARMA will hold an interim results briefing on August 21. SIMCERE PHARMA is a Stock Connect constituent.

3. ND PAPER issues positive profit alert, expecting full-year profit attributable to shareholders up 92.4%–103.7%

Around midday on August 20, ND PAPER (02689.HK) issued a positive profit alert, expecting profit of approximately RMB 3.9 billion to RMB 4.1 billion for the year ended June 2026, up 77.1%–86.2% year-on-year; profit attributable to equity holders of the company of approximately RMB 3.4 billion to RMB 3.6 billion, up 92.4%–103.7% year-on-year. The growth was mainly driven by higher sales volumes, with product price increases clearly outpacing raw material cost rises. ND PAPER is a Stock Connect constituent.

4. DONGGUANG CHEM issues positive profit alert, expecting interim net profit up about 55%

On August 19, DONGGUANG CHEM (01702.HK) issued a positive profit alert, expecting net profit for the six months ended June 2026 to increase by approximately 55% year-on-year, mainly due to higher revenue driving up overall gross profit and gross margin, as well as gains from urea futures hedging. DONGGUANG CHEM is a Stock Connect constituent.

5. Junlebao Dairy Group files listing application with HKEX, planning Hong Kong listing

On August 20, according to HKEX filings, Junlebao Dairy Group Co., Ltd. has submitted a main board listing application to HKEX, with CICC and Morgan Stanley as joint sponsors. Junlebao is a leading comprehensive dairy enterprise in China, with a business covering all categories including infant formula, ambient milk and chilled milk. The company first filed on January 19 2026, and this submission follows an updated prospectus.

V. Market Notes

Eligible securities list adjustment announcement

No new announcements.

Trading calendar

No approaching market closure days.

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