
HSI Down 348 pts; HSTI Down 106 pts; MEITUAN Down over 3%; DONGYUE GROUP, KB LAMINATES Hit New Highs; Market Turnover Rises

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Hong Kong markets closed lower, with the HSI down 1.4% to 24,493 and the HSTI falling 2.2%. Major tech stocks including Meituan, Tencent, and Alibaba declined by over 2%, while Longfor Group dropped nearly 9%. Conversely, Dongyue Group and KB Laminates hit new highs, rising 13.6% and 7.1% respectively. Market turnover reached $249.88 billion.
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