Hong Kong stocks close: Hang Seng Index down 0.7%, Hang Seng Tech Index down 0.54%

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Hong Kong stocks closed lower. The Hang Seng Index fell 0.7%, and the Hang Seng Tech Index dropped 0.54%. Among Hang Seng Stock Connect ETFs, Yinvesia (159318) fell 0.96%, and Penghua (159751) fell 0.84%. By sector, containers and packaging, as well as chemical products, led the gainers; household goods and auto parts led the decliners. By individual stocks, China Xuyang Group rose 15.85%, Qingsong Health rose 12.83%, Health 160 rose 12.01%, Innovation Industry rose 11.29%, and Brubao rose 8.94%. Decliners included Dipu Technology, down 15.6%; Changfeng Pharma, down 13.72%; Smartwise Bio-B, down 13.17%; Quant Pie, down 9.2%; and Haixi New Pharmaceuticals, down 8.92%.

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