Hong Kong stocks closed: The Hang Seng Index fell by 3.28%, with semiconductor, automotive, and other concept stocks collectively declining

Hong Kong stocks opened lower today and continued to decline, with the Hang Seng Tech Index down 5.32% and the Hang Seng China Enterprises Index down 3.63%. Large technology stocks and automotive stocks fell broadly, with BYD ELECTRONIC down over 10%, SMIC down over 7%, Li Auto down over 8%, Meituan down over 6%, and Xiaomi Group down over 2%