--- title: "Hong Kong Stock Market Midday Review: The Hang Seng Index closed down 1.25%, with technology and non-ferrous metal stocks both experiencing fluctuations and corrections" type: "News" locale: "en" url: "https://longbridge.com/en/news/289863030.md" description: "On June 16th, the Hong Kong stock market midday review showed that the Hang Seng Index fell by 1.25%, and the Tech Index dropped by 1.61%. Affected by cautious investor sentiment, technology, non-ferrous metals, and resource stocks generally weakened, leading to an expanded decline in the market. Despite the overnight rise in U.S. stocks, the Hong Kong stock market opened lower and continued to decline. In terms of sectors, rare earths and AI concepts were strong, while non-ferrous metals and online education fell. Among individual stocks, ANDRE JUICE surged by 35%, while tech giants like KUAISHOU and Baidu all fell over 3%" datetime: "2026-06-16T04:19:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289863030.md) - [en](https://longbridge.com/en/news/289863030.md) - [zh-HK](https://longbridge.com/zh-HK/news/289863030.md) --- # Hong Kong Stock Market Midday Review: The Hang Seng Index closed down 1.25%, with technology and non-ferrous metal stocks both experiencing fluctuations and corrections On June 16th, Jinshi Data reported that the United States and Iran confirmed they have signed a ceasefire memorandum. Overnight, U.S. stocks performed well, and the China Golden Dragon Index saw a slight increase. After two days of rebound, investors in the Hong Kong stock market turned cautious, with the Hang Seng Index opening lower and declining throughout the day. The index opened down 16 points at 24,826 points in the morning session, with technology stocks, metal stocks, and resource stocks all weakening. The market's decline quickly expanded to over 300 points, reaching a low of 24,492 points, down 350 points at its worst. By the midday close, the Hang Seng Index was down 1.25%, and the Tech Index was down 1.61%, with a total market turnover of HKD 133.73 billion. On the market, rare earth concepts, computer equipment, and AI new stocks continued their strong performance from yesterday, while commercial aerospace, photovoltaic solar, and road transportation stocks led the gains. Coal and Chinese brokerage stocks experienced a volatile rebound; non-ferrous metals, online education, and alcoholic beverage stocks saw fluctuations and declines, while tea drinks, internet healthcare, and sports goods stocks continued their downward trend from yesterday. In terms of individual stocks, ANDRE JUICE (02218.HK) surged 35%, WeRide-W (00800.HK) and XianDao Intelligent (00470.HK) rose over 10%, and ZhiPu (02513.HK) increased over 9%. However, Minmetals Resources (01208.HK) fell over 10%, China Hongqiao (01378.HK) and Laopu Gold (06181.HK) dropped over 6%, China Resources Mixc Lifestyle (01209.HK) declined nearly 6%, KUAISHOU-W (01024.HK) was down 4.2%, and Bilibili (09626.HK), Meituan (03690.HK), SenseTime (00020.HK), and Baidu (09888.HK) all fell over 3% ### Related Stocks - [01024.HK](https://longbridge.com/en/quote/01024.HK.md) - [605198.CN](https://longbridge.com/en/quote/605198.CN.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md) - [02218.HK](https://longbridge.com/en/quote/02218.HK.md) - [09888.HK](https://longbridge.com/en/quote/09888.HK.md) - [03032.HK](https://longbridge.com/en/quote/03032.HK.md) - [03033.HK](https://longbridge.com/en/quote/03033.HK.md) - [03067.HK](https://longbridge.com/en/quote/03067.HK.md) - [07226.HK](https://longbridge.com/en/quote/07226.HK.md) - [07552.HK](https://longbridge.com/en/quote/07552.HK.md) - [07266.HK](https://longbridge.com/en/quote/07266.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [.HXC.US](https://longbridge.com/en/quote/.HXC.US.md) - [00800.HK](https://longbridge.com/en/quote/00800.HK.md) - [00470.HK](https://longbridge.com/en/quote/00470.HK.md) - [02513.HK](https://longbridge.com/en/quote/02513.HK.md) - [01208.HK](https://longbridge.com/en/quote/01208.HK.md) - [01378.HK](https://longbridge.com/en/quote/01378.HK.md) - [06181.HK](https://longbridge.com/en/quote/06181.HK.md) - [01209.HK](https://longbridge.com/en/quote/01209.HK.md) - [09626.HK](https://longbridge.com/en/quote/09626.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [00020.HK](https://longbridge.com/en/quote/00020.HK.md) - [300450.CN](https://longbridge.com/en/quote/300450.CN.md) - [HLPD.SG](https://longbridge.com/en/quote/HLPD.SG.md) - [81024.HK](https://longbridge.com/en/quote/81024.HK.md) - [BILI.US](https://longbridge.com/en/quote/BILI.US.md) - [83690.HK](https://longbridge.com/en/quote/83690.HK.md) - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) - [HMTD.SG](https://longbridge.com/en/quote/HMTD.SG.md) - [80020.HK](https://longbridge.com/en/quote/80020.HK.md) - [89888.HK](https://longbridge.com/en/quote/89888.HK.md) ## Related News & Research - [Yantai North Andre Juice Plans Possible Takeover of IC Design Firm Ningbo Yongqiang Technology](https://longbridge.com/en/news/289809685.md) - [US adds Chinese solar, battery firms to list of military-linked companies](https://longbridge.com/en/news/289283767.md) - [Cathie Wood Sells $12.7 Million Worth Of Archer Aviation Stock, Ark Invest Picks Up DoorDash And Pony AI Amid Robotaxi Push](https://longbridge.com/en/news/289134738.md) - [Yantai North Andre Juice Moves to Amend Articles After Share Capital Change](https://longbridge.com/en/news/280783499.md) - [Citi Remains a Buy on Baidu, Inc. 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