Hong Kong stocks close: Hang Seng Index falls 1.22%, Hang Seng Tech Index drops 1.93%

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Hong Kong stocks closed lower, with the Hang Seng Index down 1.22% and the Hang Seng Tech Index down 1.93%. The Hang Seng Hong Kong Stock Connect ETF Yinhua (159318) fell 0.95%, and the Hong Kong Stock Connect Technology ETF Penghua (159751) declined 0.93%. In terms of sectors, communication equipment and integrated telecommunications services led the gains; insurance, air freight, and logistics sectors saw the largest declines. Among individual stocks, Botai Car Link rose 27.86%, Jishi Jiao increased 25.15%, Huayan Robotics gained 24.19%, Cambridge Technology rose 21.08%, and Changfei Optical Fiber & Cable increased 17.16%; Dechang Motor Holdings dropped 17.06%, Qingsong Health fell 16.6%, Guoxia Technology declined 16.11%, Changguang Chenxin decreased 14.36%, and FanSi Intelligent dropped 13.61%.

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