Upon the opening of trading in Hong Kong, the Hang Seng Index declined by 0.31%, while the Hang Seng Tech Index experienced a 0.95% drop. Within the market, the gold and oil sectors emerged as leaders in gains, with Chifeng Gold surging over 6% and Sinopec Oil advancing more than 4%. Conversely, the retail and automotive sectors led the declines, with NIO slipping more than 2%, and both Alibaba and Meituan declining over 1%.