Hang Seng Index Declines 1.35% at Midday, Hang Seng Tech Index Drops 1.38%
2025-01-13

At the midday break, the Hang Seng Index recorded a decline of 1.35%, with the Hang Seng Tech Index also experiencing a drop of 1.38%. The technology, consumer, and automotive sectors witnessed underperformance, with notable falls: Meituan dropped over 4%, Bilibili, Eastbuy, and Geely Auto slipped more than 3%, and Alibaba and Li Auto both declined by more than 2%. Conversely, the semiconductor sector exhibited an upward trend, with SMIC's gains nearing 4%. Furthermore, southbound funds registered a net purchase of HK$4.15 billion.