Hong Kong stock opening | Hang Seng Index opens 0.59% lower, AI and technology stocks fall, Alibaba-W (09988) falls nearly 2%

The Zhitong Finance App learned that on September 1, the Hang Seng Index opened 0.59% lower to 25,415.72 points; the Hang Seng Technology Index fell 0.62% to 4,591.12 points; and the State-owned Enterprises Index fell 0.63% to 8,459.32 points. Pre-market transactions amounted to approximately HK$9.486 billion.

AI and technology stocks declined, BOSS Direct Recruitment-W (02076) fell more than 3%, and Alibaba-W (09988) fell nearly 2%.

Among the individual stocks with the highest gains, Jingfeng Medical-B (02675) rose nearly 5%, Sany International (00631) and Global New Materials International (06616) rose more than 4%, Xizhi Technology-P (01879) rose nearly 4%, and Botai Auto Union (02889) rose more than 3%.

According to the news, the three major US stock indices closed down overnight. The Dow fell 0.70%, the S&P 500 index fell 0.33%, and the NASDAQ fell 0.12%; the NASDAQ China Golden Dragon Index fell 2.18%, Alibaba's US stocks fell more than 4%, Chinese securities weakened, and Hong Kong technology stocks opened lower today.