港股午评｜恒生指数早盘跌1.19% 中资券商板块逆市走高

Market Overview - The Hang Seng Index fell by 1.19%, down 304 points, closing at 25,215 points, while the Hang Seng Tech Index decreased by 1.08% [1] - Hong Kong's stock market saw a trading volume of HKD 154.4 billion in the morning session [1] - A-shares have surpassed a trading volume of CNY 2 trillion for two consecutive days, with Chinese brokerage stocks performing strongly [1] Company Performance - Zhongzhou Securities (01375) rose over 13%, Guolian Minsheng (01456) increased by 7.7%, and CITIC Securities (06066) gained over 6% [1] - Baide International (02668) surged by 13%, with a cumulative increase of over 300% since June, and its market capitalization exceeded HKD 1.6 billion [2] - Dongfang Zhenxuan (01797) increased by over 12%, showing marginal improvement in operations [2] - Hongteng Precision (06088) rose over 18%, with institutions optimistic about its accelerated business transformation [1] - Xirui (02507) saw a peak increase of over 9%, with its stock price having more than doubled this year due to developments in the low-altitude economy [1] - Lijin Technology (00558) increased by over 16%, with faster production of magnesium alloy humanoid robots compared to automotive applications [1] Notable Declines - Jianghai Medical Technology (02225) experienced a drop of over 42% during trading, as the company plans to issue 120 million subscription shares at a discount of approximately 17.68% [3] - Sunny Optical (02382) fell over 3%, with institutions indicating that the company's shipment volumes for mobile and automotive lenses may fall below market expectations [4] - Alibaba-W (09988) declined by 2.63%, following a reduction in shares by the well-known hedge fund Appaloosa LP in the second quarter [2] - The stablecoin sector saw widespread declines, with Yaocai Securities (01428) plummeting by 22% at one point and closing down 11% [1]