港股收评：科指大跌2.87%，较去年高点回调超23%，科技等权重集体低迷

Market Overview - The Hong Kong stock market indices opened high but experienced a significant decline, with the Hang Seng Tech Index dropping 2.87%, reaching a new low since July of last year, and has retraced over 23% from its peak in October last year [1] - The Hang Seng Index and the China Enterprises Index fell by 1.44% and 2.44%, respectively, indicating a broad market downturn [1] Sector Performance - Major sectors such as large technology stocks, financials (including banks, insurance, and brokerage firms), and state-owned enterprises saw collective declines, putting pressure on the overall market [1] - Notable declines included Baidu and Kuaishou, both down over 4%, while Tencent fell below HKD 520, marking a new low for the period [1] - Key financial stocks like Guotai Junan, Everbright Securities, China Life, and Minsheng Bank also experienced significant drops [1] Specific Industry Movements - The automotive sector faced a downturn as the tax reduction for the first registration of electric private cars in Hong Kong will not continue after March, leading to a sharp decline in automotive dealership stocks [1] - Other sectors such as biomedicine, building materials, gambling, AI application concepts, coal, oil, domestic real estate, photovoltaic, and precious metals also saw declines [1] Positive Developments - In contrast, the power equipment sector rose due to a significant overseas power supply-demand gap, with institutions optimistic about domestic internal combustion engines and related supply chains going abroad [1] - Dongfang Electric surged by 15.5%, leading the gains in the power equipment sector [1] - Additionally, some previously declining film stocks rebounded, and storage concept stocks became active again [1]