As of midday trading, the Hang Seng Index experienced a minor decline of 0.15%, in contrast to the Hang Seng Tech Index, which posted a gain of 0.62%. Notable strength was observed in the semiconductor, software services, and media sectors. Semiconductor Manufacturing International Corporation (SMIC) surged more than 4%, Tencent Holdings Limited saw its shares rise over 3%, while China Literature Limited and Kuaishou Technology each recorded gains exceeding 2% and approaching 1%, respectively. On the flip side, the energy, pharmaceutical biology, and telecom services sectors faced headwinds. Shandong Molong Petroleum Machinery Company witnessed a sharp drop exceeding 17%, Changfeng Pharmaceutical Group Inc. fell over 6%, and APT Satellite Holdings Limited declined more than 1%. Additionally, southbound funds (capital flowing from mainland China to Hong Kong) registered net purchases amounting to HKD 4.128 billion, indicating continued investor interest in Hong Kong-listed assets.