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Hang Seng Index Opens 0.36% Lower; Newcomer Saimo Technology Surges Over 2%
2025-01-15
The Hang Seng Index commenced trading with a 0.36% decline, mirroring a 0.51% drop in the Hang Seng TECH Index. Pharmaceuticals and biotech, alongside consumer services, emerged as the leading sectors, with WuXi AppTec advancing over 2% and Jiu Maojiu climbing more than 1%. Conversely, retail and semiconductor sectors led the downward trend, as Alibaba dipped over 1% and Semiconductor Manufacturing International Corporation (SMIC) neared a 1% decline. Notably, newcomer Saimo Technology delivered a robust performance, surging over 2%.
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