Hong Kong stocks closed mixed after an early weak open. The Hang Seng Index finished up 0.09% at 25,495.07, while the Hang Seng Tech Index fell 1.21% to 4,682.05. Market turnover was HKD 253.175 bln. Baidu (09888.HK) dropped more than 11% after reporting results; China Unicom (00762.HK) slipped 12.4%. Semiconductors and optical-communications led sector declines, while gas, mainland property and mainland bank stocks outperformed. Other heavy decliners included 06683.HK (-19.5%), 01952.HK (-18.7%

Hong Kong stocks closed mixed after an early weak open. The Hang Seng Index finished up 0.09% at 25,495.07, while the Hang Seng Tech Index fell 1.21% to 4,682.05. Market turnover was HKD 253.175 bln. Baidu (09888.HK) dropped more than 11% after reporting results; China Unicom (00762.HK) slipped 12.4%. Semiconductors and optical-communications led sector declines, while gas, mainland property and mainland bank stocks outperformed. Other heavy decliners included 06683.HK (-19.5%), 01952.HK (-18.7%) and 06166.HK, 01347.HK, 03308.HK, 06869.HK (all down >10%); 09880.HK fell 9.8% and 00100.HK and 02208.HK lost >8%. Xiaomi (01810.HK) rose 5%, New Oriental (09901.HK) gained about 4%, Hong Kong Exchanges & Clearing (00388.HK) was up 2.37% after results and Tencent (00700.HK) added 1%.