The Hong Kong Hang Seng Index closed flat, the Tech Index rose by 1.6%, and gold prices fell to around $4,520
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The Hong Kong Hang Seng Index slightly fell by 0.03%, while the Tech Index rose by 1.59%, with the semiconductor sector performing prominently. Gold prices retreated to USD 4,520 per ounce, as market expectations for a hawkish Federal Reserve intensified. Institutions believe that Hong Kong stocks are in a phase of consolidation and suggest focusing on the semiconductor, AI computing, and innovative pharmaceutical sectors
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