Hong Kong stocks finished mixed on Aug. 13, with the Hang Seng Index slipping 0.17% to 25,396.51 and the Hang Seng Tech Index edging up 0.33% to 4,792.39 as turnover rose to HK$263.71 billion from HK$216.78 billion. Lenovo surged 20.18% to a record high after reporting quarterly revenue up 43% year over year to $26.9 billion, AI-related revenue up 60% to 35% of total sales, adjusted profit up 176% to $1.075 billion and an AI server backlog of $54 billion, pushing its market value above HK$430 billion. Tencent fell 4.46% after earnings, while Bilibili, Li Auto and Tencent Music also lost more than 2%, even as Zhipu, MiniMax and CIG Shanghai advanced. Gold miners and mainland developers weakened, with Lingbao Gold down more than 9% and Shimao Group off more than 8%. CICC said Lenovo's results could become a reference point for a broader Hong Kong tech-sector valuation re-rating if AI commercialization translates into earnings.