Hong Kong stocks closed lower, with the Hang Seng Index down 1.82% and the Hang Seng Tech Index down 2.13%. The Penghua Hong Kong Stock Connect Technology ETF (159751) closed down 1.78%, and the Yinhua Hong Kong Stock Connect ETF (159318) closed down 0.43%. Cloud computing and insurance stocks led the declines. Among individual stocks, Meituan-W fell 7.59%, Lao Pu Gold dropped 6.46%, and Meituan-W declined 4.24%.
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Hong Kong Stocks Closing: Hang Seng Index down 1.82%, Hang Seng Tech Index down 2.13%
Hong Kong stocks closed lower, with the Hang Seng Index down 1.82% and the Hang Seng Tech Index down 2.13%. The Penghua Hong Kong Stock Connect Technology ETF (159751) closed down 1.78%, and the Yinhua Hong Kong Stock Connect ETF (159318) closed down 0.43%. Cloud computing and insurance stocks led the declines. Among individual stocks, Meituan-W fell 7.59%, Lao Pu Gold dropped 6.46%, and Meituan-W declined 4.24%.