Hang Seng Opens Down 0.94% at 24,480.57; Tech Index Falls 1.03%

The soft open is broad rather than isolated, with the tech gauge underperforming the main index and losses spread across platform, travel and healthcare names — a sign this is a sector-wide repricing rather than a reaction to any single company. That the declines cluster around consumer-facing internet and health platforms suggests sentiment toward Chinese growth exposure, not stock-specific news, is doing the work. Whether the tech index keeps lagging the broader market through the session is the open question.