Hong Kong stocks fell in morning trade. The Hang Seng Index was down 0.63% at
24,486.52 and the Hang Seng Tech Index fell 1.37% to 4,237.34. China property
names, biotech, PCB and electronic-components stocks outperformed; autos and
ports & shipping underperformed. Notable movers: Xiyin‑W (00625.HK) down about
11%; Geely Automobile (00175.HK) -7.2%; NIO‑SW (09866.HK) -5.3%; XPeng
(09868.HK) down ~4%; BYD Co. (01211.HK) -3.6%. Gain leaders included Akeso
(09926.HK) +14.5%, Vanke (02202.HK) +7.1%, Yangtze Optical Fiber & Cable
(06869.HK) +~6% and China Overseas Land & Investment (00688.HK) +4.7%. Newly
listed stocks were mixed: 03757.HK -5.5%, 09607.HK -8.77%, 03228.HK +9.3%,
06731.HK +4.8%.