Hong Kong's tech sector has turned mixed late in the session, with Xiaomi (+3.1%) and China Unicom (+3.3%) extending earlier gains while Alibaba (-1.4%) drags on the index. Banks remain the primary anchor, led by CCB (+1.3%) and BOC Hong Kong (+2.4%).
Hong Kong market temperature sits in neutral territory — valuations are near the middle (around the 53rd historical percentile), while the share of advancing stocks sits on the low side (around the 38th historical percentile). Today's session nonetheless fell broadly, dragged mainly by oil-price fears and rate-hike concerns weighing on tech and resources.