The Hang Seng Index commenced trading with a modest decline of 0.17%, while the Hang Seng Tech Index suffered a steeper drop of 1.01%. Within the market, the media and machinery sectors emerged as outperformers, with Tencent Music soaring over 13% and Weichai Power advancing more than 5%. Conversely, the technology and automotive sectors spearheaded the downturn, with XPeng plunging over 5% and both Alibaba and Li Auto sliding more than 2%.
