Hong Kong stocks moved lower in morning trading, according to market data from Gate. The Hang Seng Index was down 0.85% by the midday break, while the Hang Seng Tech Index fell 0.79%. Turnover for the broader market reached HK$118.83 billion.
Sector performance was mixed. Non-ferrous metals and memory-related stocks posted sharp pullbacks, while oil and gas shares and optical communication names led gains. Among individual stocks, Orient Overseas International rose 2.4%, while Zhida Technology dropped more than 28.5%.
The data points to a weak start for Hong Kong equities during the session, with losses concentrated in parts of the materials and storage-related segments even as selected energy and communications stocks advanced.
Hong Kong stocks traded lower after opening weaker, according to market data from Gate.
By the midday close, the Hang Seng Index had fallen 0.85%, while the Hang Seng Tech Index was down 0.79%. Turnover across the broader market reached HK$118.83 billion.
Among sectors, non-ferrous metals and memory-related stocks saw sharp pullbacks. Oil and gas shares and optical communication stocks were among the top gainers. On individual names, Orient Overseas International rose 2.4%, while Zhida Technology fell more than 28.5%.
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