On the morning of August 11, the Hong Kong stock market opened slightly higher. As of press time, the Hang Seng Index rose 0.19% to 24,906 points, while the Hang Seng Tech Index gained 0.11% to 5,466 points.

Sector performance was mixed. Alibaba rose over 1%, JD.com gained over 0.6%, Tencent Holdings dipped slightly, and NetEase fell nearly 1%. Biotechnology stocks surged, with Zhonghui Biotech soaring over 155% on its debut. Cryptocurrency-related stocks generally advanced, with Huajian Medical up over 10%. Apple concept stocks were active, with AAC Technologies rising over 2%, while gold stocks pulled back, with Chifeng Gold dropping over 3%.

Notably, the lithium battery sector opened sharply higher. Tianqi Lithium surged over 10%, Ganfeng Lithium jumped over 9%, and CATL rose over 2%. On the news front, CATL's Yichun project suspended mining operations, which industry observers believe may impact lithium carbonate prices.

Among cross-border ETFs, the Nasdaq Tech ETF, Nikkei 225 ETF, and US 50 ETF rose over 1%. In the Hong Kong market, the HK Auto ETF, Hang Seng Consumption ETF, and HK Connect ETF edged higher, while the Hang Seng Innovative Medicine ETF and HK Dividend ETF Fund fell over 0.5%.