<div id="readability-page-1" class="page"><div><p><span>The Hang Seng Index fell 0.4% to around 25,480 in early trading on Wednesday, following a largely flat session the day before.</span></p><p><span>The index lagged other Asian benchmarks, which were supported by renewed strength in tech stocks and hopes that the Middle East conflict could be moving toward a resolution, with the US signaling progress toward a potential peace agreement despite fresh hostilities.</span></p><p><span>Early laggards included Tencent (-0.3%), Alibaba (-0.9%), CNOOC (-3.3%), and AIA Group (-1.3%).</span></p><p><span>These losses were partly offset by gains in select technology and industrial names, with Xiaomi edging up 0.2%, Semiconductor Manufacturing International Corporation rising 3.7%, and Lenovo surging 6.9%.</span></p></div></div>

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TCTZF

KBAB

<p>The Hang Seng Index dropped 0.4% to approximately 25,480 in early trading, underperforming other Asian markets. Key laggards included Tencent (-0.3%), Alibaba (-0.9%), and CNOOC (-3.3%), while select tech stocks like Xiaomi (+0.2%) and Lenovo (+6.9%) saw gains.</p>

Trading Economics

CNOOC

Tencent Holdings Limited

KraneShares 2x Long BABA Daily ETF

Hang Seng Index

TENCENT

Tencent

BABA-W

Alibaba

XIAOMI-W

SMIC

LENOVO GROUP

TENCENT-R

Tencent HK SDR 10to1

BABA-WR

Alibaba HK SDR 5to1

CNOOC-R

AIA-R

AIA Group

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

SMIC HK SDR 5to1

LENOVO GROUP-R

Lenovo Group

Hong Kong Shares Trade in the Red