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Hong Kong stocks opened higher and continued to rise, with the Hang Seng Index up more than 1% in the morning session and the Hang Seng Tech Index up 1.62%.On Monday, August 17, the Hang Seng Index opened 186.56 points higher, or 0.74%, at 25,303.41; the Hang Seng Tech Index opened 53.58 points higher, or 1.14%, at 4,761.2; the H-share Index opened 71.04 points higher, or 0.85%, at 8,411.87; and the Red Chip Index opened 18.92 points higher, or 0.46%, at 4,151.61.Hong Kong stocks opened higher, with the Hang Seng Index up 0.74% and the Tech Index up 1.14%. Gold and chip stocks generally rose. SenseTime (00020.HK) jumped over 7%, while Zijin Mining International (02259.HK) and JD.com (09618.HK) rose over 3%.Hang Seng Index futures opened 0.79% higher at 25,291 points, a premium of 174 points.August 17th - It is reported that the implementation plan for this years new policy-based financial instruments has recently been issued to local governments, who will then submit project applications accordingly. Unlike last year, this year the government will provide interest subsidies for eligible funds from these new policy-based financial instruments; in terms of investment allocation, it will emphasize key support for private investment and industrial projects. By 2025, policy-based financial instruments will primarily invest in the digital economy, artificial intelligence, consumer infrastructure, and urban renewal areas such as transportation, energy, and underground pipeline construction and renovation. This year, the allocation of new policy-based financial instruments has been further optimized, with a greater emphasis on supporting private investment projects and industrial projects.

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