Hong Kong's key stock indices closed in the red, with the Hang Seng TECH Index dropping 0.77%, and the Hang Seng Index and China Enterprises Index experiencing modest declines of 0.24% and 0.43%, respectively. The technology sector fared poorly, led by declines in Meituan, Baidu, and Xiaomi, while Tencent registered a marginal increase. Apple concept stocks, lithium battery stocks, new consumption stocks, automotive stocks, and gold stocks all saw corrections. Pharmaceutical stocks, bolstered by positive factors, rose across the board, with internet healthcare stocks particularly shining, as Dingdong Healthcare surged by nearly 24%. Securities analysts suggested accelerating infrastructure spending to meet the annual budget, and infrastructure stocks responded positively, with China Railway Rolling Stock Corporation and CRRC Times Electric notching gains of over 5%. Furthermore, sectors such as film and television, oil, telecommunications, home appliances, and photovoltaics exhibited positive performance.