Hong Kong Tech Stocks Slide as Hang Seng Tech Index Drops 5.03%
Photo: TokenPost
Technology shares led a steep decline in Hong Kong on Thursday, with the Hang Seng Tech Index losing 5.03% at the close as the broader Hang Seng Index fell 3.03%, a gap that put the day’s pressure more heavily on technology names. Zhipu dropped 7.86% and MiniMax fell 6.52%. Both declines came amid losses across several other technology, biotech and chip-related shares in the same market session. Some listed companies saw sharper losses. A biotech stock fell 8.70%, a robotics company lost 8.76%, and another biotech name declined 9.03%.
Source: TokenPost
