Hong Kong Stock Afternoon Review|Hang Seng Index fell 1.98% in midday trading Hang Seng Innovative Drugs Index plummeted more than 7%

The Zhitong Finance App learned that the Hong Kong Stock Hang Seng Index fell 1.98% to 494 points to 24,514 points; the Hang Seng Technology Index fell 4.04%; and the Hang Seng Innovative Drugs Index plummeted by more than 7%. Hong Kong stocks traded HK$175.8 billion at noon.

BYD Electronics (00285) rose 0.34%, and the agency is optimistic that its liquid cooling and power supply business will open up room for growth.

Xintai Healthcare (02291) reversed the market and rose more than 4%. Recently, the company increased repurchases.

Quantifiers (02685) reversed the market and rose more than 18%. Recently, Guofu Quantum introduced a strategic investment of HK60 million to increase the development of physical AI base models.

MeiG Intelligence (03268) increased by more than 4%, the end-side AI smart ecosystem continued to improve, and the company completed the transformation to an intelligent module structure.

China Merchants China Fund (00133) rose more than 5%, Kimi released the latest model K3, and the latest pre-investment valuation rose to US$31.5 billion.

Copper stocks fell again. The US copper tariff policy is undecided, and macroeconomic factors are still important variables in copper prices. China's nonferrous mining industry (01258) fell 7%; Minmetals Resources (01208) fell 6%.

Aviation stocks continued to fall. Fuel costs are dragging down profits, and Xiaomo expects the airline's second-quarter loss to be the worst in three years. Eastern Airlines (00670) fell 6%; China Southern Airlines (01055) fell 3.56%.

Vietnam (02432) fell 13%. The “H back to A” key node was reported by Lianchuang in its prospectus to conceal a huge equity dispute.

Johnson Electric Holdings (00179) fell more than 10%, and its first-quarter turnover increased slightly by about 2% year over year. Customers continued to be cautious in purchasing and investment decisions.

Zhaoyan Pharmaceutical (06127) dropped another 9.9%. The company issued a risk warning notice, and the price increase of experimental monkeys contributed to the vast majority of net profit.

Old-fashioned gold (06181) fell by more than 5%. The situation in the Middle East raised concerns about inflation, and fluctuations in gold prices put pressure on sales.

Xiaopeng Group-W (09868) has dropped more than 8%. Production of IRON humanoid robots is about to increase, and will provide shopping guides and other services at Xiaopeng stores.