
Hang Seng Index closes down 0.7%, Hang Seng TECH Index falls 1.63%
Large model stocks led the decline, with KNOWLEDGE ATLAS down about 15% and MINIMAX-W down about 10%. Semiconductor stocks declined, with HUA HONG SEMI down about 5%. Technology stocks fell, with GDS-SW down about 4% and Bilibili down about 2%. Oil stocks rose, with SHANDONG MOLONG up about 16% and SINOPEC SSC up about 3%.

