Hong Kong stock market closed, storage concept stocks plummeted

According to data from MSX.COM, at the Hong Kong stock market close, the Hang Seng Index rose 0.41%, and the Tech Index rose 0.61%. Storage concept stocks fell sharply, with the Southern 2x leveraged SK Hynix ETF dropping 30%, the Southern 2x leveraged Samsung Electronics ETF falling over 26%, Gigadevice declining over 17%, and Montage Technology falling over 13%. The "twin giants" of AI large models also declined, with Zhipu falling over 18% and MiniMax dropping over 14%.