Hong Kong stocks opened lower, with the Hang Seng Index down 0.43% and the Hang Seng Tech Index down 0.33%. Concepts related to artificial intelligence, new energy vehicles, and biomedicine strengthened. CATL (03750.HK) fell over 6% after announcing a proposed placement of 62.385 million shares at a discount of approximately 7.00%, raising net proceeds of approximately HK$39.11 billion. Newly listed Xizhi Technology-P (01879.HK) surged 380% at the open, while WuXi AppTec (02359.HK) rose over 8% after its earnings release.
