Hong Kong’s Hang Seng Index Opens Down 1.58% as Tech Stocks Slide

The gap between the broader index's decline and the tech gauge's much steeper fall points to a concentrated selloff in growth and semiconductor names rather than a uniform risk-off move. Lenovo's outsized drop and the cluster of 8%-plus losses among chip and AI-linked listings suggest investors are repricing hardware and compute exposure specifically. Whether that pressure stays confined to tech or bleeds into the wider Hang Seng is the open question worth watching.