The three primary indices of the Hong Kong stock market opened on a positive note but subsequently retreated. Ultimately, the Hang Seng Index concluded with a 0.24% increase, the Hang Seng Tech Index experienced a 0.37% decrease, and the H-shares Index recorded a 0.11% rise. On the trading floor, tech stocks displayed a mixed performance. In contrast, gaming stocks generally witnessed an uptrend, with Galaxy Entertainment soaring by over 2%. This surge was propelled by Macau's total gaming revenue in November rebounding to 92% of its pre-pandemic levels. Oil stocks spearheaded the gains, with Sinopec climbing more than 2% as crude oil prices edged up slightly during the Asian morning session, attributed to disruptions in the supply chain. Conversely, chip stocks exhibited a lackluster performance, with ZTE plummeting over 5%. Nomura highlighted that ZTE's core business is encountering a downward cycle in capital expenditures, and its AI server business might potentially weigh down the overall gross margins.