--- title: "The Hang Seng Index fell 1.23% at midday, while Shandong Molong rose over 13%" type: "News" locale: "en" url: "https://longbridge.com/en/news/278817345.md" description: "36Kr learned that the Hang Seng Index fell 1.23% at midday, and the Hang Seng Tech Index dropped 1.21%; the coal, oil and petrochemical, and chemical sectors led the gains, with Shandong Molong and L & M CHEMICAL rising over 13%, and YANKUANG ENERGY increasing over 8%; the machinery, real estate, and food and beverage sectors saw the largest declines, with Contemporary Land falling over 9%, SANY International dropping over 6%, and Dongpeng Beverage decreasing over 5%; southbound funds had a net purchase of HKD 5.729 billion" datetime: "2026-03-12T04:08:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278817345.md) - [en](https://longbridge.com/en/news/278817345.md) - [zh-HK](https://longbridge.com/zh-HK/news/278817345.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278817345.md) | [繁體中文](https://longbridge.com/zh-HK/news/278817345.md) # The Hang Seng Index fell 1.23% at midday, while Shandong Molong rose over 13% 36Kr learned that the Hang Seng Index fell 1.23% during the midday break, and the Hang Seng Tech Index dropped 1.21%; the coal, oil and petrochemical, and chemical sectors led the gains, with Shandong Molong and L & M CHEMICAL rising over 13%, and YANKUANG ENERGY increasing over 8%; the machinery, real estate, and food and beverage sectors saw the largest declines, with Contemporary Land falling over 9%, SANY International dropping over 6%, and Dongpeng Beverage decreasing over 5%; southbound funds had a net purchase of HKD 5.729 billion ### Related Stocks - [Shandong Molong (002490.CN)](https://longbridge.com/en/quote/002490.CN.md) - [L & M CHEMICAL (00746.HK)](https://longbridge.com/en/quote/00746.HK.md) - [YANKUANG ENERGY (600188.CN)](https://longbridge.com/en/quote/600188.CN.md) - [E Fund CSI Petrochemical Industry ETF (516570.CN)](https://longbridge.com/en/quote/516570.CN.md) - [ISHARESHSI (03115.HK)](https://longbridge.com/en/quote/03115.HK.md) - [SHANDONG MOLONG (00568.HK)](https://longbridge.com/en/quote/00568.HK.md) - [YANKUANG ENERGY (01171.HK)](https://longbridge.com/en/quote/01171.HK.md) - [Hang Seng Composite Index (0HSCI.HK)](https://longbridge.com/en/quote/0HSCI.HK.md) - [ChinaAMC CSI Petrochemical Industry ETF (159731.CN)](https://longbridge.com/en/quote/159731.CN.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [Guotai CSI Coal ETF (515220.CN)](https://longbridge.com/en/quote/515220.CN.md) ## Related News & Research - [China securities regulator: global investors pay high attention to China's five-year development plan](https://longbridge.com/en/news/278055639.md) - [Yankuang Energy Wins HKEX Approval for Kasong Science and Technology Spin-Off](https://longbridge.com/en/news/276023181.md) - [Hong Kong Completes First Green Methanol Bunkering, Driving Green Transformation of Its International Shipping Hub](https://longbridge.com/en/news/278049602.md) - [Hong Kong considers raising MPF contributions after 13-year freeze on thresholds](https://longbridge.com/en/news/278254329.md) - [Indian Oil Corp books some oil cargoes from Red Sea, source says](https://longbridge.com/en/news/278215378.md)