Hong Kong stocks close: Hang Seng Index down 0.88%, Hang Seng Tech Index down 2.48%

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Hong Kong stocks closed lower, with the Hang Seng Index down 0.88% and the Hang Seng Tech Index down 2.48%. The Hang Seng Hong Kong Stock Connect ETF Yinhua (159318) fell 1.04%, and the Hong Kong Stock Connect Technology ETF Penghua (159751) dropped 2.43%. In terms of sectors, the water services sector led the gains; the interactive media and services, hotel, and resort REIT sectors declined the most. Among individual stocks, Guanghe Technology rose 33.56%, Jinfang Pharmaceutical-B increased 11.31%, VSTECS Holdings rose 11.04%, Li Ning gained 8.56%, and China National Heavy Duty Truck Group rose 8.4%. Conversely, Xuanzhu Biological-B fell 13.72%, Jin Hai Medical Technology declined 12.12%, China Xuyang Group dropped 9.56%, Samsonite fell 8.87%, and Quantitative派 decreased 8.61%.

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