Hang Seng Index and Hang Seng Tech Index decline as consumer and auto stocks drop
- Hang Seng Index fell 0.48% and Hang Seng Tech Index fell 1.08% as of the report.
- Consumer and auto stocks led declines, with Xi Yin down over 10% and Geely Automobile down over 7%.
- NIO fell over 5% and XPeng fell over 4%.
- Semiconductor and optical module stocks rose, with Changfei Fiber Optic Cable, Tianshu Zhixin, Changguang Chenxin up over 7% each, and Cambridge Technology up 5%.
- Southbound funds net bought HKD 14.6299 million.