基建巨头，大跌

Market Overview - The Hong Kong stock market showed a gloomy sentiment on December 9, with all three major indices closing down: the Hang Seng Index fell by 1.29% to 25,434.23 points, the Hang Seng China Enterprises Index dropped by 1.62% to 8,936.41 points, and the Hang Seng Tech Index decreased by 1.90% to 5,554.68 points [2]. Company Performance - Major technology stocks experienced declines, with Baidu Group-SW and Xiaomi Group-W both falling over 3%, while Kuaishou-W and Meituan-W dropped more than 2%. Other notable declines included Netease-S, Alibaba-W, and JD Group-SW, which all fell over 1% [4]. - Heavy infrastructure stocks suffered significant losses, with China Metallurgical Group (China Zhongye) plunging over 21%, and Chalco International (China Aluminum International) dropping more than 4% [4][7]. - Semiconductor stocks also faced downturns, with Huahong Semiconductor falling over 5% and SMIC dropping more than 4% [4]. Specific Company News - China Metallurgical Group announced plans to sell its 100% stake in China Metallurgical Real Estate and related debts to Minmetals Land Holdings for approximately 60.7 billion yuan. Additionally, it will sell stakes in several subsidiaries to China Minmetals [7]. - In a separate development, Agile Group Holdings faced a significant drop in stock price, falling over 21% to a historical low of 0.3 HKD per share, ultimately closing down 18.42% at 0.31 HKD per share. This decline followed a petition for liquidation filed by a project partner [9].