--- title: "The Hang Seng Index closed down 1.21%, and the Hang Seng TECH Index fell 1.11%" description: "36Kr learned that the Hang Seng Index fell by 1.21%, and the Hang Seng TECH Index dropped by 1.11%; the GEO concept led the decline, with KNOWLEDGE ATLAS down over 6%, MINIMAX-WP and PHANCY down over " type: "news" locale: "en" url: "https://longbridge.com/en/news/275094705.md" published_at: "2026-02-06T08:19:16.000Z" --- # The Hang Seng Index closed down 1.21%, and the Hang Seng TECH Index fell 1.11% > 36Kr learned that the Hang Seng Index fell by 1.21%, and the Hang Seng TECH Index dropped by 1.11%; the GEO concept led the decline, with KNOWLEDGE ATLAS down over 6%, MINIMAX-WP and PHANCY down over 5%; consumer and automotive stocks strengthened, with Nio and Cha Bai Dao rising over 6%, and Li Auto and GUMING rising over 3%; southbound funds had a net purchase of HKD 14.859 billion 36Kr learned that the Hang Seng Index closed down 1.21%, and the Hang Seng TECH Index fell 1.11%; the GEO concept led the decline, with KNOWLEDGE ATLAS dropping over 6%, MINIMAX-WP and PHANCY falling over 5%; consumer and automotive stocks strengthened, with Nio and Cha Bai Dao rising over 6%, and Li Auto and GUMING increasing over 3%; southbound funds had a net purchase of HKD 14.859 billion ### Related Stocks - [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md) - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) - [01364.HK - GUMING](https://longbridge.com/en/quote/01364.HK.md) - [02513.HK - KNOWLEDGE ATLAS](https://longbridge.com/en/quote/02513.HK.md) - [06682.HK - PHANCY](https://longbridge.com/en/quote/06682.HK.md) - [00100.HK - MINIMAX-WP](https://longbridge.com/en/quote/00100.HK.md) - [516110.CN - Guotai CSI 800 Automobile and Parts ETF](https://longbridge.com/en/quote/516110.CN.md) - [159565.CN - E Fund CSI Auto Components Thematic ETF](https://longbridge.com/en/quote/159565.CN.md) - [513070.CN - E Fund CSI HK Equities Consumption Theme ETF](https://longbridge.com/en/quote/513070.CN.md) - [159323.CN - ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF](https://longbridge.com/en/quote/159323.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Hong Kong govt says Q4 GDP +3.8% y/y | Hong Kong govt says Q4 GDP +3.8% y/y | [Link](https://longbridge.com/en/news/276826499.md) | | Nio nears 70,000th delivery of 3rd-gen ES8 as premium SUV momentum continues | Nio is approaching its 70,000th delivery of the third-generation ES8 SUV, following the recent milestone of 60,000 deliv | [Link](https://longbridge.com/en/news/276990627.md) | | Changan expects to validate solid-state batteries in robots and EVs by Q3 | Changan is progressing with its solid-state battery project, aiming to validate the technology in robots and vehicles by | [Link](https://longbridge.com/en/news/276696100.md) | | Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp | Hong Kong will discontinue the two-decade-old "A Symphony of Lights" show, replacing it with immersive projections acros | [Link](https://longbridge.com/en/news/276972290.md) | | GAC Honda Slashes Price of Limited Number of Accord e:PHEVs by USD14,618 | GAC Honda is reducing the price of a limited number of Accord e:PHEV models by CNY100,000 (USD14,618) to celebrate the m | [Link](https://longbridge.com/en/news/277045331.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.