- At the midday close, the Hang Seng Index dropped 256 pts or 1.0 % to 25,310, while the Hang Seng Tech Index fell 34 pts or 0.8 % to 4,584.
- Major tech heavyweights declined, with BABA falling over 3 %, TENCENT down 2.3 %, and MEITUAN down 1.5 %.
- Meanwhile, select stocks including CCB, GENSCRIPT BIO, TCL ELECTRONICS, and BANK OF E ASIA hit new highs during the session.