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Hong Kong Stocks Open: Hang Seng Index Slides Nearly 1%; Tech and AI Concept Stocks Take a Hit; Seres Makes Debut with Nearly 2% Drop on First Trading Day
2025-11-05 /
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Author：小编
On the morning of November 5, 2025, the three principal indices of the Hong Kong stock market all opened in negative territory. The Hang Seng Index dipped by 0.97%, the Hang Seng China Enterprises Index saw a 1.07% decline, and the Hang Seng Tech Index retreated by 1.75%. Prominent tech stocks experienced a widespread downturn, and stocks associated with artificial intelligence and AI software suffered a collective plunge, with Kingsoft Cloud plunging more than 4%. Star Legend started the session 3.61% higher, as it announced that the contract value for 'Star Dog' orders had surpassed RMB 100 million. Meanwhile, Seres made its debut on the Hong Kong stock market, opening nearly 2% lower on its first trading day.
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