The three major indices of Hong Kong stocks continued to decline yesterday, and market sentiment was sluggish. As of midday trading, the Hang Seng Index fell 1.22%, the State-owned Enterprises Index fell 1.14%, and the Hang Seng Technology Index fell 1.13%. The collective downturn in large technology stocks and large financial stocks dragged down the market. Apple concept stocks, gambling stocks, automobile stocks, and home appliance stocks declined one after another. Among them, Melco International Development, Sands China, Wynn Macau, and Aobo Holdings were all at a new low level. Furthermore, the US military budget has soared, and military stocks have clearly risen. China has reportedly asked technology companies to stop ordering H200 chips, and semiconductor chip stocks have generally risen.

The three major indices of Hong Kong stocks continued to decline yesterday, and market sentiment was sluggish. As of midday trading, the Hang Seng Index fell 1.22%, the State-owned Enterprises Index fell 1.14%, and the Hang Seng Technology Index fell 1.13%. The collective downturn in large technology stocks and large financial stocks dragged down the market. Apple concept stocks, gambling stocks, automobile stocks, and home appliance stocks declined one after another. Among them, Melco International Development, Sands China, Wynn Macau, and Aobo Holdings were all at a new low level. Furthermore, the US military budget has soared, and military stocks have clearly risen. China has reportedly asked technology companies to stop ordering H200 chips, and semiconductor chip stocks have generally risen.