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Hang Seng Index Plummets 2.4% at Midday; Hang Seng Tech Index Tumbles 3.68%
1 week ago /
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Author：小编
On February 2nd, during the midday trading break in the Hong Kong stock market, the Hang Seng Index witnessed a 2.4% decline, while the Hang Seng Tech Index plummeted by 3.68%. The software services, automotive, and semiconductor sectors experienced weakness. Specifically, Hua Hong Semiconductor saw its shares plunge by over 10%, XPeng Motors dropped more than 9%, NIO's stock declined over 6%, Bilibili's shares decreased by over 4%, and Baidu Group's stock slipped more than 3%. Conversely, the durable consumer goods sector showed signs of strength, with Bloks and Pop Mart both rising over 1%. Meanwhile, net purchases by southbound investors (mainland Chinese investors buying Hong Kong-listed stocks) amounted to HK$4.411 billion.
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