- The Hong Kong stock market experienced a downturn, with the HSI dropping 157 points to 25,295 and the HSTECH declining 1.9% to 4,689.
- Major artificial intelligence stocks suffered sharp drops, as Z.AI plunged 16.21% to HKD1,008, MINIMAX-W dived 12.34%, and SENSETIME-W fell 6.54% despite an interim positive profit alert forecasting a net profit of RMB500-700 million.
- Other focus stocks reported mixed movements ahead of earnings announcements, with companies like WEIMOB INC and GIGADEVICE dropping nearly 6% while BIDU-SW edged up 0.4%.
