STOCKS | Hong Kong Stock Market Falls Below 27,000 Points Amid Pressure on Tech and Financial Stocks

The Hong Kong stock market experienced a decline last Friday, dropping below the 27,000-point mark. According to Ming Pao, this downturn followed selling pressure in the U.S. stock market on Thursday. The market's focus remains on AI-related stocks, while major technology stocks, referred to as ATM, continue to face selling pressure. Additionally, large financial stocks are also experiencing some selling pressure. Meanwhile, utility stocks have shown strong performance, although they have received less attention.