HK Market Snapshot | Major indices broadly declined, with the Hang Seng Tech Index down 1.61%, Zhipu AI dropping over 10%, and MiniMax falling more than 5%. In contrast, oil and non-ferrous metal stocks rose against the trend, with Kunlun Energy up nearly

Technology and internet stocks declined, with Kuaishou-W down 2.77% and Xiaomi Group-W down 2.11%. Stocks in the mobile phone supply chain fell broadly, with Lenovo Group dropping 6.18% and BYD Electronics falling 5.06%. Non-ferrous metal stocks rose, with CMOC Group up 7.57% and MMG Limited gaining 5.42%.

Futu News16:26

HK Stocks Midday Review | All three major indices fell, with the tech index dropping over 1%, Zhipu AI falling nearly 10%, and Xiaomi declining more than 2%; non-ferrous metal stocks rose, with Jiangxi Copper shares gaining over 5%; the Southern Two-Times

Internet and technology stocks underperformed, with Xiaomi Group-W down 2.40% and Meituan-W up 1.94%; gold miners rose, with Zijin Gold International up 3.69% and Zijin Mining up 3.67%; oil stocks performed strongly, with Sinopec up 3.81% and Kunlun Energy up 3.63%;

Futu News12:10

Express News | Cailian Press Midday News Highlights, September 8

1. By the midday close, the Shanghai Composite Index rose 0.36%, the Shenzhen Component Index gained 0.05%, and the ChiNext Index fell 0.15%. 2. In Hong Kong stocks' midday trading, the Hang Seng Index declined 0.27%, and the Hang Seng Tech Index dropped 1.10%. 3. Data released by the General Administration of Customs showed that China's total import and export value reached 4.65 trillion yuan in August, a year-on-year increase of 19.8%. Exports and imports grew by 18.6% and 21.7% respectively, marking the fourth consecutive month of double-digit growth for both. The monthly year-on-year growth rate of imports has exceeded that of exports for six consecutive months. 4. Nine departments, including the Henan Provincial Department of Housing and Urban-Rural Development, issued "Several Measures on Coordinating the Control of New Supply, Destocking, Optimizing Supply, and Stabilizing the Real Estate Market." The measures propose strengthening support for housing consumption and implementing home purchase subsidies and loan interest subsidies tailored to local conditions. 5. ByteDance is preparing to launch an AI model for real-time spatial video generation.

Breakings12:02

Asian Stock Markets Mixed as Investors Look to U.S. CPI Data

By Ronnie Harui Asian stock markets were slightly subdued given the U.S. holidays overnight, even as the Japanese yen continued to strengthen against the dollar. Regional markets on Tuesday lacked

WSJ10:08

Hong Kong Stocks Open Lower as Oil Prices Jump

Hong Kong stocks fell at the start of Tuesday's trading session, driven by higher crude oil prices as the ongoing Middle East conflict fueled doubts about a long-term peace solution between the U.S.

MT Newswires09:55

Kwok Sze Chi: The broader market has once again dipped slightly below its 10-day and 20-day moving averages.

Kwok Sze Chi, Vice Chairman of the Hong Kong Stock Analysts Association, stated that the broader market exhibited renewed volatility yesterday (the 7th). The Hang Seng Index initially edged up by 2 points to 25,652 in the morning session before further climbing slightly to 25,664, where it faced resistance. Due to cautious buying sentiment and persistent fragmented selling pressure, the broader market began to fluctuate downward. The Hang Seng Index only stabilized after breaking below the 25,362 level, by which point the market had retraced sharply by 288 points. Fortunately, support buying gradually emerged at lower levels, prompting a rebound that pushed the Hang Seng Index back above the 25,400 mark. However, amid thin trading activity, the market experienced volatility without meaningful gains.

AASTOCKS09:52