Hong Kong’s Hang Seng Index fell 3.54% and the Hang Seng Tech Index dropped
3.28%. Gold miners plunged, with Chifeng Gold down over 25%, Lingbao Gold down
12%, Zhufeng Gold down 11% and Laopu Gold down 8%. Semiconductor stocks
weakened, including GigaDevice down over 7%, Fudan Micro down 6%, Hua Hong
Semiconductor down 5% and SMIC nearly 5%. Major tech names also fell, with Baidu
down over 5%, and JD, Xiaomi and Alibaba each down more than 3%.