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Hong Kong Stocks Midday Commentary: Hang Seng Index Drops Over 2% in Half Day Amid Broad Declines; Auto Sector Struggles
1 week ago /
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Author：小编
Hong Kong's major stock indices declined in unison during the morning trading session. At midday, the Hang Seng Index had shed 2.20% and the Hang Seng TECH Index had fallen by 2.43%. Across sectors and individual stocks, the auto sector saw widespread declines, with notable losses from Li Auto and NIO Inc. Real estate stocks also fared poorly, with New World Development and R&F Properties plummeting over 7%. Conversely, cryptocurrency-related stocks experienced significant gains, with LianLian Digital surging more than 60% and OKLink rising over 35%. Additionally, gold stocks collectively rose, with Tongguan Gold's increase nearing 11%.
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