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<H Shrs>HSI Slides 304 pts at Close; BIDU-SW Slumps ~8%; SMIC, HUA HONG GRACE Down 4-5%
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The HSI settled at 24,657, down 304 pts or 1.22%. Full-day turnover reached HKD363.975 billion. The HSTECH closed at 4,755, down 132 pts or 2.71%, while the HSCEI closed at 8,341, down 95 pts or 1.13%. The semiconductor sector and certain AI-related stocks tracked overseas weakness. SMIC (00981.HK) closed down 4.1%, HUA HONG GRACE (01347.HK) dived 5.64%, MONTAGE TECH (06809.HK) shed 5.8%, and GIGADEVICE (03986.HK) shrank 3.87%. XL2CSOPHYNIX (07709.HK) slid 7.76%, while XL2CSOPSMSN (07747.HK) plunged 17%. MINIMAX-W (00100.HK) tumbled 8.14%. KNOWLEDGE ATLAS (02513.HK) bucked the trend, rising 1.31% after being added to the Shenzhen-Hong Kong Stock Connect eligible securities list by the Shenzhen Stock Exchange. Major tech heavyweights were broadly under pressure. BIDU-SW (09888.HK) was the worst-performing blue chip, closing at HKD116, down 7.64%. KUAISHOU-W (01024.HK) sank 5.81%, MEITUAN-W (03690.HK) fell off 4.63%, BABA-W (09988.HK) sagged nearly 3%, JD-SW (09618.HK) dived nearly 2%, while XIAOMI-W (01810.HK) and TENCENT (00700.HK) each declined more than 1%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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