Hong Kong Stock Midday Review | Hang Seng Index fell 1.34% in the morning session, New Oriental's sharp decline dragged down the blue-chip index

The Hong Kong stock market's Hang Seng Index fell 1.34% in the morning session, reporting at 19,836 points, while the Hang Seng Tech Index dropped 1.97%. New Oriental's stock price fell over 25% in the morning due to the impact of Dongfang Zhenxuan's performance, following a 23% plunge in overnight U.S. stocks. Stocks such as China Tobacco Hong Kong, Hon Teng Precision, and Lao Pu Gold performed strongly, rising over 6%, 10%, and 5% respectively. Yuehai Property fell over 25%, and Chanyou Technology dropped more than 11% after issuing a profit warning. Airline stocks retreated, with China Southern Airlines and Air China falling 3.92% and 4.03% respectively