Ge Long Hui·2026-02-06 05:27Market Overview - The market opened with a sharp decline, dropping 1.6% at one point, but later rebounded slightly, currently down 0.86% [1] - The internet sector experienced significant losses, with the Hang Seng Medical and Technology sectors following closely behind, while the consumer sector showed resilience [1] Internet Sector Performance - The Hang Seng Internet index opened lower and saw a rebound, with a peak decline of 2.56%, currently down 1.57% [3] - Notable declines included Kuaishou down 2.73%, Tencent Holdings down 2.42%, Alibaba down 2.38%, and SenseTime down 2.11% [3] - Horizon Robotics was an exception, rising 2.76% amidst the overall downturn [3] Banking Sector Performance - The banking sector showed signs of recovery after hitting a low, currently down 0.09% after a drop of 0.69% during the day [3] - Significant declines were noted in Standard Chartered down 2.51%, Dah Sing Bank down 1.43%, HSBC down 1.29%, and Bank of China Hong Kong down 1.08% [3] - China Merchants Bank was a standout performer, increasing by 2.11% [3] Consumer Sector Performance - The consumer sector demonstrated relative strength, initially opening lower but trending upwards, currently down 0.27% [3] - Major gainers included Yum China up 8.26%, Giant Bio up 5.6%, and Miniso up 5.25% [3] - Other companies like Hansoh Pharmaceutical, Innovent Biologics, and CanSino Biologics saw declines exceeding 3% [3]