Hong Kong Stock Market Sees Decline Amid Tech Weakness

The Hang Seng Index fell by 233 points, closing at 27,032 points, with a trading volume of 238.7 billion HKD. According to Ming Pao, the Hong Kong stock market continues to fluctuate within a range, with technology stocks showing persistent weakness. Tencent (0700) experienced a downward breakout, although a theoretical rebound window has opened. AI-related stocks remain a hot topic, with MiniMax (0100) and Zhihu (2513) seeing significant increases of 14.6% and 28.7%, respectively. Some lagging AI application stocks also showed movement, with Insilico Medicine (3696) being a potential buy on dips.