---
title: "Hong Kong Stock Market Mid-Review: Hang Seng Index Closed Down 1.58%, Apple Concept Stocks Led the Market Decline"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234323974.md"
description: "Overnight, U.S. President Trump announced a reciprocal tariff policy, leading to a sharp decline in U.S. stock index futures this morning and a weakening of the offshore yuan. The Hang Seng Index opened down 564 points at 22,638 points, gradually stabilizing near the 50-day moving average. By the close, the Hang Seng Index fell 1.58% in the morning session, the Tech Index dropped 2.22%, and the total turnover of the Hang Seng market was HKD 163.97 billion. On the market, agricultural products, water utilities, and domestic property stocks strengthened, semiconductor stocks rebounded, and precious metals and non-ferrous metal stocks performed well; however, port shipping, computer equipment, and logistics stocks plummeted, pharmaceutical outsourcing stocks continued to adjust, and Apple concept stocks fell sharply. In individual stocks, Shenzhou International dropped nearly 14%, Techtronic Industries fell nearly 11%, BYD Electronic declined over 8.5%, and Haier Smart Home, Lenovo Group, and Sunny Optical Technology all fell over 7%; China Resources Land rose nearly 3%, and Xiaomi increased by 1.3%"
datetime: "2025-04-03T04:12:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234323974.md)
  - [en](https://longbridge.com/en/news/234323974.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234323974.md)
generator: "portal-rs"
---

# Hong Kong Stock Market Mid-Review: Hang Seng Index Closed Down 1.58%, Apple Concept Stocks Led the Market Decline

According to Jinshi Data on April 3rd, overnight U.S. President Trump announced a reciprocal tariff policy, leading to a sharp decline in U.S. stock index futures this morning and a weakening of the offshore RMB. The Hang Seng Index opened down 564 points at 22,638 points, gradually stabilizing near the 50-day line. By the close, the Hang Seng Index fell 1.58% in the morning session, the Tech Index fell 2.22% in the morning session, and the total turnover of the Hang Seng market was HKD 163.97 billion. On the market, heavy agricultural products, water utilities, and domestic property stocks strengthened, semiconductor stocks rebounded, and precious metals and non-ferrous metal stocks performed well; port shipping, computer equipment, and logistics stocks fell sharply, pharmaceutical outsourcing stocks continued to adjust, and Apple concept stocks plummeted. In terms of individual stocks, Shenzhou International (02313.HK) fell nearly 14%, Techtronic Industries (00669.HK) fell nearly 11%, BYD Electronic (00285.HK) fell over 8.5%, Haier Smart Home (06690.HK), Lenovo Group (00992.HK), and Sunny Optical Technology (02382.HK) all fell over 7%; China Resources Land (01109.HK) rose nearly 3%, and Xiaomi rose 1.3%

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**