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Hong Kong's key stock market indices declined collectively during the morning session, with the Hang Seng Index slipping 0.1%, the China Enterprises Index falling 0.32%, and the Hang Seng TECH Index seeing a more pronounced drop of 0.51%. Large-cap technology stocks broadly retreated, while pharmaceutical stocks enjoyed a broad-based rally fueled by positive industry news, with internet healthcare stocks leading the charge. Furthermore, infrastructure stocks demonstrated robust performance, particularly in the high-speed rail segment, which witnessed significant gains. Sectors such as home appliances, oil, rare earths, and power also exhibited activity. Conversely, sectors including film and entertainment, lithium batteries, automobiles, robotics, and gold largely weakened, with several individual stocks experiencing notable declines.
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