Hong Kong Hang Seng Tech Index closed down 1.75%, storage concept stocks led the decline

Odaily Planet Daily News According to MSX.COM data, the Hang Seng Index closed down 1.15%, and the Hang Seng Tech Index fell 1.75%. Storage concept stocks led the decline, with the Southern 2x Leveraged SK Hynix ETF falling over 19%, the Southern 2x Leveraged Samsung Electronics ETF falling over 13%, Montage Technology falling over 9%, and GigaDevice falling over 8%. The AI application sector dropped, with MINIMAX-W falling over 16% and Zhipu AI falling over 9%. The semiconductor sector weakened, with Hua Hong Semiconductor falling over 7% and SMIC falling over 7%.