The Hang Seng Index closed down 1.2%, while the Hang Seng TECH Index declined by 2.48%.
The media, automobile, and software services sectors led the market's decline. Notably, Shengtong Technology dropped over 22%, Alibaba Pictures and XPeng Motors fell more than 5%, and NetEase declined over 4%.
Conversely, the defense and military industry, packaging, and real estate sectors performed impressively. Hongyang Properties surged 16%, Cirrus Logic gained more than 8%, and China Aluminum Can also rose by over 5%.
Furthermore, southbound funds' net purchases amounted to HK$9.647 billion.
