Hong Kong's stock market witnessed a broad-based decline during the morning session, with the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng Tech Index dropping by 1%, 1.27%, and 1.32% respectively. Notably, the Hang Seng Tech Index dipped below the 5,200-point mark. Major technology stocks generally suffered losses, with Meituan's share price declining by over 5%. Auto stocks also fell collectively, with NIO, BYD, and Geely Auto experiencing declines of more than 8% and 7% respectively. Apple-related stocks also experienced a general decline. On the other hand, nuclear power stocks surged significantly on news that former President Trump was accelerating the construction of nuclear power plants. CGN Mining, in particular, saw its share price jump by more than 6%. Additionally, stocks in the aviation, military, power, and casino sectors were active, with Air China's intraday gain at one point exceeding 7%.
