Hong Kong stocks with new consumption concepts continued to fall in the morning session. Laopu Gold (06181.HK) fell more than 7%, Leapmotor (09863.HK) fell more than 5%, and Xiaomi Group (01810.HK), BRUCO (00325.HK), Nayuki (02150.HK), Mixue Group (02097.HK) and other stocks fell.

2025-08-21 11:39:30

Leapmotor Xiaomi

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Weekly Highlights

                                    Musk: Tesla Autopilot V14 will be released next month.
                            2025-08-21

                                    Fitch: US economic activity is expected to remain at a subdued level of 1.5% in 2026 as policy uncertainty and high inflation will have a negative impact on consumer spending.
                            2025-08-23

                                    According to the Saudi Press Agency: A subsidiary of the Saudi Public Investment Fund (PIF) has launched an interactive artificial intelligence application in Arabic.
                            2025-08-26

                                    According to the Wall Street Journal: Bank of America has set aside $4 billion to develop new technologies such as artificial intelligence.
                            2025-08-20

                                    Southbound funds saw a significant net inflow of 7.461 billion yuan today. On the Shanghai-Hong Kong Stock Connect, Tencent Holdings and Xiaomi Group-W saw net inflows of HK$1.618 billion and HK$828 million, respectively. SMIC led the way in net sales, with HK$330 million. On the Shenzhen-Hong Kong Stock Connect, Meituan-W and Xiaomi Group-W saw net inflows of HK$602 million and HK$446 million, respectively. Tracker Fund of Asset Management led the way in net sales, with HK$825 million.
                            2025-08-21