Hong Kong stocks traded rangebound after an initial gap higher and quick morning
pullback. Hang Seng closed up 0.52% at 23,515.29; Hang Seng Tech Index
outperformed, rising 0.96% to 3,876.13 and up as much as 1.5% intraday. Market
turnover HKD 115.27 bln. Media and entertainment led gains; wind-power and
aviation names also advanced. Compute-power hardware was pressured; optical
communications, PCB and other hardware subsectors were among the biggest
decliners. Oil shipping underperformed. Selected movers: Tencent Music
(01698.HK) +5.31%, Dongfang Electric (01072.HK) +2.73%, Zhongji Xuchuang
(03308.HK) -7.11%, Montage Technology (06809.HK) -4.05%, COSCO Shipping Energy
(01138.HK) -6.98%.