On August 22, 2025, the Hong Kong stock market opened with mixed performance. The Hang Seng Index rose by 0.40%, the Hang Seng China Enterprises Index increased by 0.56%, the Hang Seng Tech Index climbed by 0.99%, and the Hang Seng Composite Index edged up by 0.04%.

In terms of sectors, the Hong Kong automotive stocks showed significant gains. XPENG-W surged by 9.33%, GWMOTOR rose by 3.34%, and NIO-SW increased by 5.88%. The Hong Kong blockchain concept stocks also performed well, with MEITU rising by 3.96%.

BABA-W dropped by 0.17%. Alibaba's subsidiary, Zebra Zhixing, plans to independently list on the Hong Kong Stock Exchange, with Alibaba's Damo Academy President Zhang Jianfeng serving as the chairman of the board. SAIC Group is its largest customer. Zebra Zhixing focuses on intelligent automotive solutions and faces profitability challenges.

KUAISHOU-W rose by 0.21%. Kuaishou reported a revenue of 35.05 billion yuan in Q2 2025, marking a 13.1% year-over-year increase. The adjusted net profit was 56.2 billion yuan, surpassing market expectations. The company's performance exceeded estimates, reflecting strong financial growth. Additionally, Kuaishou announced its first special dividend since listing, totaling 2 billion Hong Kong dollars, reflecting confidence in long-term growth prospects and commitment to enhancing shareholder returns.

CICC increased by 0.35%. China International Capital Corporation announced that the interest payment for its 2023 non-public issuance of corporate bonds (first tranche) will commence on August 28, 2025. The bond's coupon rate is 2.80%, with an interest payment of 28.00 yuan per bond (inclusive of tax).

RIMAG GROUP dropped by 6.11%. Rimag Group plans to raise approximately 590 million Hong Kong dollars through the placement of new H shares under general authorization, aiming to develop data and artificial intelligence, expand medical imaging center business, and enhance solution business.