On June 16, during the midday break, the Hang Seng Index fell 1.25% to 24,533.29 points, and the Hang Seng Tech Index dropped 1.61% to 4,688.63 points. Tech stocks performed weakly, with Kuaishou falling more than 4%, Meituan and Baidu dropping more than 3%, and Tencent Holdings declining more than 2%. The electrical equipment and coal sectors were among the top gainers, with Junda shares rising more than 7%, and CATL and China Shenhua increasing more than 1%. Net purchases by southbound funds amounted to HKD 4.458 billion.
