The Hang Seng Index fell 1.29% in early trading, with application software stocks experiencing a pullback

According to Gate market data, the Hong Kong stock index fell 1.29% in the morning session, the technology index fell 2.07%, and the total market turnover was 105.86 billion Hong Kong dollars. Sectors such as application software and power equipment experienced fluctuations and corrections, while printing and packaging, as well as storage concepts, led the gains.

In terms of individual stocks, Zhihu fell nearly 8%, MiniMax fell nearly 7%, NIO fell nearly 5%, and both Alibaba and Meituan fell over 3%; China Unicom rose over 2.5%, while China Life and Hua Hong Semiconductor rose 2%.