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On April 17, as the Hong Kong stock market closed for the day, the Hang Seng Index finished at 26,160.33 points, marking a decline of 0.89%. Similarly, the Hang Seng Tech Index ended at 5,042.68 points, experiencing a 0.97% drop. Memory chip stocks witnessed a downturn, with GigaDevice plunging over 6% and Montage Technology seeing a decrease of more than 4%. The gold sector also showed weakness, with Zhaojin Mining tumbling over 5%, and Lingbao Gold, Zijin Mining International, and Laopu Gold all declining by more than 3%. Additionally, SenseTime and WeRide shares fell by over 3%. Conversely, the retail, banking, and textile & apparel sectors displayed strength, with Gome Retail surging over 7%, Luzhou Bank rising by more than 2%, and Anta Sports gaining over 1%. Notably, net purchases by southbound funds reached HKD 17.01 billion.
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