Market Performance - The Hang Seng Index closed down 1.72% at 26,567.12 points, while the Hang Seng Tech Index fell 0.9% to 5,360.42 points, and the China Enterprises Index decreased by 1.55% to 9,032.71 points [1] - Southbound funds recorded a net inflow exceeding 20 billion HKD, with the Hong Kong Stock Connect (Shanghai) contributing over 11.476 billion HKD and the Hong Kong Stock Connect (Shenzhen) adding over 8.743 billion HKD [1] Stock Movements - Notable gainers included Haizhi Technology Group, which surged 242.2%, followed by Zhipu with a 20.65% increase, and Junyu Foundation rising 18.63% [1] - Major decliners included Mongol Mining, which dropped 17.66%, and Woan Robotics, down 13.69% [1] Large Tech Stocks - Alibaba-W decreased by 2.02%, Tencent Holdings fell 0.65%, and JD.com-SW dropped 1.85% [1] - Xiaomi Group-W saw a slight increase of 0.88%, while Meituan-W fell by 3.18% [1] Industry Insights - Industrial insights from Xinyi Securities suggest that the non-ferrous metals sector is entering a phase of commodity price fluctuations, with expectations of a rebound in mid-year due to macroeconomic support [2] - Dongwu Securities indicates that market demand remains strong, with anticipated improvements in liability costs for insurance companies due to lower interest rates and a shift towards dividend insurance [3] - China Galaxy Securities forecasts a volatile upward trend for the Hong Kong market post-Spring Festival, highlighting attractive valuations and potential growth in consumer and technology sectors [4]
港股收评：恒生指数收跌1.72% 恒生科技指数跌0.9％ 智谱涨20.65%