August 3, 2012 (Chinavestor) Stocks ended the first week of August mixed in China. The Shanghai Composite Index (SHA:000001) bounced off three year lows on Friday, advancing 21.6 points or 1.0% on Friday. But stocks were looking vulnerable in Hong Kong before payroll numbers in the US on Friday. The Hang Seng Index (INDEXHANGSENG:.HSI) shed 24.0 points or 0.1% for the day. ZTE Corp. (HKG:0763) rose 2.4%, the most among components of the 42 member Hang Seng Index (INDEXHANGSENG:.HSI) , after report showed that smart-phone shipments rose to 42 million units in the second quarter. Most of the growth was attributed to domestic phone makers, ZTE Corp. (HKG:0763), Huawei Technologies and Lenovo.