Hong Kong's Hang Seng Tech Index closed down 1.75%, with storage concept stocks leading the decline

Odaily Planet Daily News According to MSX.COM data, the Hang Seng Index in Hong Kong fell 1.15%, and the Hang Seng Tech Index fell 1.75%. Storage concept stocks led the decline. The Southern 2x Long SK Hynix ETF fell over 19%, the Southern 2x Long Samsung Electronics ETF fell over 13%, Montage Technology fell over 9%, and GigaDevice fell over 8%. The AI application sector declined, 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%.