Hong Kong equities closed mixed: Hang Seng +0.07% at 25,471.15; Hang Seng Tech
Index -0.9% at 4,739.18. Market turnover HKD255.54bn. Sector flow: innovative
drug names outperformed; property and plantation stocks rose and large banks
firmed; AI large-model concept names lagged and parts of the semiconductor
sector weakened. Notable movers: 06158.HK +125.0%; 06683.HK +35.0%; Chow Sang
Sang (00116.HK) +19.1%; GenScript Biotech (01548.HK) +8.4%; WuXi Biologics
(02269.HK) +>5%; Alibaba (09988.HK) +3.7%. Decliners included Zhipu AI
(02513.HK) -13.3%; 03317.HK and 01888.HK ->8%; 01347.HK -7.9%; 03986.HK and
06809.HK ->6.5%; Lenovo Group (00992.HK) and Horizon Robotics (09660.HK) ->5%;
MINIMAX‑W (00100.HK) -4.5%.