JPHUAHO@EC2607B(21026.HK)

The three major indices of A-shares in Shanghai and Shenzhen fell by 0.6%-1.6% throughout the day, while duty-free concept stocks rose in the afternoon, and chip stocks continued to decline

The three major A-share indices fell throughout the day, with declines ranging from 0.6% to 1.6%. The People's Bank of China conducted reverse repurchase operations, with a net injection of 64.5 billion yuan. The Shanghai Composite Index fell by 26 points, the Shenzhen Component Index dropped by 203 points, and the ChiNext Index decreased by 51 points. Duty-free concept stocks rose in the afternoon, with some stocks like Zhuhai Zhumian Group and HNHD increasing by 3.1%-4.5%. Chip stocks continued to decline, with SMIC and Hua Hong falling by 2.7% and 2%, respectively

The Hang Seng Index fell 1.27% at midday, and the Hang Seng TECH Index dropped 1.16%

36Kr learned that the Hang Seng Index fell 1.27% during the midday break, and the Hang Seng TECH Index dropped 1.16%; the precious metals sector led the decline, with TIANQI LITHIUM down over 12%, WANGUO GOLD GP and MMG down over 9%; semiconductor and technology stocks weakened, with HUA HONG SEMI and GIGADEVICE down over 5%, and Bilibili and Kuaishou down over 3%; consumer stocks rose against the trend, with YUM CHINA up over 9% and MNSO up over 5%; southbound funds had a net purchase of HKD 9.4 billion

The Hang Seng Index opened down 0.82%, and the Hang Seng Tech Index fell 1.31%

The Hang Seng Index opened down 0.82%, and the Hang Seng Tech Index fell 1.31%. Bilibili dropped over 4%, Tencent Music and HUA HONG SEMI fell over 3%, and Alibaba, KUAISHOU, SMIC, Meituan, and others dropped over 2%. Baidu rose over 2% and authorized the implementation of a stock repurchase plan totaling no more than USD 5 billion, with the first dividend expected to be announced in 2026

Top 5 HK Stock Gainers/Losers (>100B) (2.4)

YANKUANG ENERGY(01171) rose 10.58%, with a trading turnover 1.6 Billion HKD, and a year-to-date rose 29.3%. EASTROC(09980) rose 9.53%, with a trading turnover 819.7 Million HKD, and a year-to-date rose 11.2%. MINIMAX-WP(00100) fell 8.43%, with a trading turnover 691.1 Million HKD, and a year-to-date rose 222.4%. KNOWLEDGE ATLAS(02513) fell 6.58%, with a trading turnover 254.1 Million HKD, and a year-to-date rose 95.5%.

The Hang Seng TECH Index fell over 2% intraday, KINGDEE INT'L dropped nearly 14%, and KINGSOFT fell nearly 6%