HSI Closes at 24,249, Down 158 pts; HSTI Closes at 4,655, Down 69 pts; BABA Down over 5%; KB LAMINATES, KINGBOARD HLDG Hit New Highs; Market Turnover Rises

AASTOCKS News
2026.06.11 08:20
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Hong Kong markets closed lower, with the Hang Seng Index down 158 points to 24,249 and the Hang Seng Tech Index falling 69 points to 4,655. Market turnover reached $288.57 billion. Major tech stocks like Alibaba, Tencent, and Xiaomi declined, while KB Laminates and Kingboard Holdings hit new highs.