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Hang Seng Opens 0.02% Higher at 24,648.64; Tech Index Slips 0.21%

Hong Kong’s Hang Seng Index opened 0.02% higher at 24,648.64 points, while the Hang Seng Tech Index fell 0.21%. NIO dropped 2%, and MINIMAX and Zhipu each declined more than 1%.

Original source

AI take

The near-flat headline index masks a split beneath it: the tech gauge and several individual names opened weaker, so the modest gain at the index level reflects offsetting moves rather than broad strength. The divergence is the signal worth noting, since it suggests the session's tone is being set by stock-specific selling in tech and EV names rather than by any single macro driver. Whether that weakness in the tech complex widens or gets absorbed by the broader index is the open question.

Generated by AI for reference only.

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