Hang Seng Index loses 1.34%, with shipping and medicine sectors declining

Hong Kong stocks fluctuated and weakened, with the Hang Seng Index down 1.34% and the Hang Seng Technology Index down 0.71%. In terms of sectors, industries or concepts such as nuclear power, building materials and cement, chips, and telecommunications equipment led the gains. Among them, nuclear power stocks performed strongly, with CGN Power rising by more than 3%; chip stocks were active, with Hua Hong Semiconductor and Shanghai Fudan rising by more than 2%. Industries or concepts such as shipping, pharmaceutical outsourcing, education, heavy machinery, biomedicine, and real estate led the losses. Among them, shipping stocks continued to decline, with COSCO Shipping dropping by more than 8% and COSCO Shipping Development by more than 6%. Orient Overseas International and Pacific Shipping fell by more than 5%.

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