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Hong Kong stocks closing review: Hang Seng Index unchanged, Hang Seng Tech Index down 0.35%
Mars Finance News, May 14 – The Hong Kong stock market closed flat, with the Hang Seng Index unchanged and the Hang Seng Tech Index down 0.35%. In terms of sectors, the forestry and paper products, and business services and supplies sectors led gains; passenger airlines and electrical equipment sectors saw the largest declines. Major technology stocks had mixed performances, with Meituan down over 2%, Bilibili down over 1%, Baidu up over 2%, and Alibaba up nearly 4%. Chip stocks collectively retreated, with Huahong Semiconductor down over 2%, SMIC down over 3%, and Lianqi Technology down nearly 4%. The performance of the AI large models’ “dual giants” diverged, with Zhipu down over 5% and MINIMAX up nearly 4%. (Tech Stock News Report)