The Hong Kong stock market's three major indices opened in the red this morning but gradually regained ground. At midday, the Hang Seng Index and the State-owned Enterprises Index dipped marginally by 0.13% and 0.11%, respectively, while the Technology Index also witnessed a slight decline. Among major tech stocks, trends were mixed, with Kuaishou's share price surging over 1%, whereas Alibaba, JD.com, and Tencent saw declines. Sectors such as ports, shipping, military industry, gold, and oil, benefiting from the Middle East situation, performed robustly, with Pacific Basin Shipping soaring more than 21%. Semiconductor chip stocks enjoyed a rally due to US policy, with Huahong Semiconductor surging over 7% and SMIC nearing a 5% gain. Conversely, cryptocurrency stocks declined, and the three-child policy, home appliances, and mobile game sectors underperformed. In the new stock segment, Yakexiaokang-B skyrocketed over 77%, and Baize Medical also climbed nearly 17%, whereas Sanhua Intelligent Controls slipped below its issue price, declining more than 2%.