HK stocks close: Hang Seng up 0.8%, biotech sector surges

English summary

On August 20, Hong Kong stocks ended mixed-to-higher, with the Hang Seng Index up 0.8% at 25,698.49 and the Hang Seng Tech Index up 0.39% at 4,700.53, on turnover of HK$269.119 billion. Innovative drug and CXO concepts rallied, with Everest Medicines (01952.HK) up over 41%, CanSino Biologics (06185.HK) up over 37%, and InSilico Medicine (03696.HK), Sino Biopharmaceutical (01177.HK), and Zijin Gold International (02259.HK) each up over 11%; auto stocks recovered, while paper, livestreaming, and smart wearables sectors fell.