Hong Kong Stock Midday Review | Hang Seng Index fell 1.61% in the morning session, gas stocks rose against the trend
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The Hong Kong Hang Seng Index fell 1.61% in the morning session, reporting 25,472 points, while the Hang Seng Tech Index dropped 2.81%. Gas stocks rose against the trend as the peak season for natural gas demand approaches. Zhongyu Energy surged over 10%, and the newly listed stock Xuan Bamboo Biotechnology-B rose over 13%. Medical stocks showed mixed performance, with WuXi AppTec-B increasing over 21%. WANDA HOTEL DEV rose over 10%, completing its sale and will distribute a special dividend. Cryptocurrency concept stocks collectively declined, and chip stocks continued to fall
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