Hong Kong stocks traded lower in the morning session, according to market data cited by ChainCatcher from Gate. The Hang Seng Index closed the morning down 1.29%, while the Hang Seng Tech Index fell 2.07%. Market turnover reached HK$105.86 billion.
Sector moves were mixed. Application software and power equipment shares saw a pullback, while printing and packaging and storage-related names led gains. Among individual stocks, Zhipu fell nearly 8%, MiniMax dropped nearly 7%, and NIO declined nearly 5%. Alibaba and Meituan both lost more than 3%.
On the upside, China Unicom rose more than 2.5%, while China Life Insurance and Hua Hong Semiconductor each gained 2%.
Hong Kong equities moved lower in morning trade, according to Gate market data cited by ChainCatcher. The Hang Seng Index closed the morning session down 1.29%, while the Hang Seng Tech Index fell 2.07%. Market turnover stood at HK$105.86 billion.
By sector, application software and power equipment shares pulled back, while printing and packaging and storage-related names led the gainers.
Among individual stocks, Zhipu fell nearly 8%, MiniMax dropped nearly 7%, and NIO was down nearly 5%. Alibaba and Meituan each lost more than 3%. China Unicom gained more than 2.5%, while China Life Insurance and Hua Hong Semiconductor rose 2%.
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