Market Overview - The Hong Kong stock market indices accelerated declines near midday, with the Hang Seng Tech Index dropping as much as 3.2% and closing down 2.89% at 6195 points [1] - The Hang Seng Index fell 1.35%, returning to around the 26000 mark, while the State-Owned Enterprises Index decreased by 1.49%, narrowly holding above 9300 points [1] Sector Performance - Technology stocks faced significant pressure, with notable declines including Xiaomi down 8%, JD.com down 3.7%, and Alibaba, Kuaishou, Baidu, NetEase, and Meituan all falling by over 2% [1] - Biopharmaceutical stocks collectively dropped following Trump's announcement of a 100% tariff on any brand or patented pharmaceutical products starting October 1 [1] - Semiconductor stocks also experienced declines due to potential U.S. restrictions on overseas chip imports, with leading company SMIC falling by 5% [1] Positive Trends - Wind power generation in China saw a cumulative increase of 10.4% from January to July 2025, leading to strong performance in wind energy stocks, with Goldwind Technology rising over 4% [1] - Small and medium-sized banks have been actively lowering deposit rates, which may alleviate pressure on the banks' liabilities, resulting in a counter-trend rise in domestic bank stocks, with Agricultural Bank and Construction Bank both increasing by over 1% [1] - Other sectors such as military, dairy products, and heavy machinery stocks showed relative activity [1]
港股收评:尾盘加速跳水!恒科指大跌2.89%,科技股退潮,内银股逆势上涨
Ge Long Hui·2025-09-26 08:31