Hong Kong equities closed lower: HSI down 0.62%, Hang Seng Tech Index down
0.68%; turnover HK$94.7 billion. Biopharmaceuticals underperformed—01548.HK and
02228.HK fell over 12%, 06127.HK dropped more than 8%, and 01672.HK and 01873.HK
lost over 7%. Semiconductor names were weak: 06809.HK declined over 6% and
06908.HK fell 5.17%. AI-related stocks also slipped: MINIMAX-W (00100.HK) down
3.61% and 02513.HK down 2.73%.
