On February 5, 2026, during the day session of Hang Seng Index futures, the market opened with a 1.05% decline, settling at 26,546.30 points. Concurrently, the Hang Seng TECH Index also witnessed a 1.06% drop. The technology and semiconductor sectors were at the forefront of the downturn, with Bilibili and GigaDevice Semiconductor experiencing declines exceeding 4%. Notably, industry giants such as Alibaba, Meituan, Kuaishou, and SMIC also saw their shares plummet by over 2%. In contrast, the electrical equipment sector exhibited resilience, with GCL-Poly Energy surging more than 5% and Shandong Molong posting a gain of over 1%.
