Hong Kong Stock Midday Review | The three major indices adjusted during the session, Hejia Holdings surged over 140% with unusual activity, while core sectors generally declined under weight pressure

As of noon, the Hong Kong stock market's main indices have significantly corrected, with the Hang Seng Index, Hang Seng Tech Index, and the National Enterprises Index all showing obvious declines, indicating weak market sentiment. Mainstream sectors such as retailers, internet content and information, and hardware storage have performed poorly, with leading stocks like Alibaba and Xiaomi Group experiencing weakness. There is noticeable outflow pressure on weighted sectors. Against the backdrop of recovering retail data on the macro front, the boost in consumption has not yet alleviated the short-term adjustment pace. Some small-cap stocks have moved against the trend, with Hejia Holdings surging over 140% at noon. Overall, sectors are broadly down, market risk appetite is cooling, and trading volume remains active, with funds focusing on stocks with strong movements