Hang Seng Index falls 1% in afternoon trading; Hang Seng Tech drops 2%

The gap between the two gauges is the story here: a 2% drop in the tech index against 1% for the broader benchmark points to tech carrying the bulk of the selling pressure rather than a uniform risk-off move across Hong Kong equities. That distinction matters for anyone tracking whether weakness is concentrated in growth names or broad-based. With only intraday levels given, whether the tech-heavy gauge keeps underperforming into the close is the open question.