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On February 25th, as the Hong Kong stock market closed for the day, the Hang Seng Index (HSI) registered a modest gain of 0.66%, whereas the Hang Seng TECH Index experienced a slight decline of 0.19%. Analyzing sectoral performance, the steel, non-ferrous metals, rare earths, and chemicals sectors emerged as strong performers. Ximei Resources and Jiuyuan Group witnessed remarkable surges, each climbing by over 20%, while Dragon Mining also saw a significant increase, rising by more than 10%. Conversely, the GEO concept sector encountered a retreat, with MINIMAX-WP plummeting by over 14% and Zhipu slipping by more than 10%. The semiconductor sector, too, showed signs of weakness, with Montage Technology falling by over 7%, and Biren Technology and Aixin Yuanzhi both declining by more than 5%. In terms of fund flow, net sales by southbound funds totaled HKD 4.057 billion.
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