Hong Kong Stocks Lunchtime Recap: Hang Seng TECH Index Dips Nearly 3%, Auto & Apple Concept Stocks Slide, Pharmaceutical Stocks Surge
2025-05-30 / Read about 0 minute
Author:小编   

A US court granted a temporary reprieve to Trump's tariffs, leading to a collective decline in Hong Kong's major stock indexes, with the Hang Seng TECH Index closing down 2.55% at lunchtime. Large technology stocks witnessed a broad-based decline, with Apple concept stocks and auto stocks bearing the brunt of the tariff impact. Conversely, biopharmaceutical stocks defied the market trend, with Ascletis Pharma soaring over 8% and Fosun Pharma also recording significant gains.