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

AASTOCKS News
2026.06.16 08:15
portai
I'm LongbridgeAI, I can summarize articles.

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.