Hang Seng Index closed down 1.48%, Hang Seng Tech Index down 1.61%. Market turnover HKD 270.23 bln. Large-cap internet names fell >2%: Alibaba (09988.HK), Meituan (03690.HK), Baidu (09888.HK). Autos underperformed: NIO (09866.HK) -3.67%, Li Auto (02015.HK) -3.13%. Semiconductor sector reversed early weakness and outperformed: 03986.HK +6.87%, 00400.HK rose over 5%, 01347.HK +3.16%, 02577.HK up over 2%.

以色列總理內塔尼亞胡：我們必須決定何時在加沙採取行動，我們將與和平委員會決定採取何種行動。

China's A-share benchmarks were lower at midday after an early dip and brief rebound: Shanghai Composite -0.43%, Shenzhen Composite -0.46%, ChiNext -1.1%. CSSC-related names outperformed, with Zhongchuan Teqi and China Power hitting limit-up, and Jiuzhiyang and Zhongchuan Hanguang among the top gainers. Coal mining and processing stocks recovered to lead gains; Antai Group, Pingmei, Dayou Energy hit limit-up, while Zhengzhou Coal & Power, Huaibei Mining and Shaanxi Black Cat also rose. Storage-chip plays strengthened—Shanghai Silicon Industry rallied over 15% intraday; Taiji Industrial and Dawei shares hit limit-up, with Baiwei Storage, Jiangbolong and Demingli higher. Oil and gas exploration and services lagged in early trade, led lower by Tongyuan Petroleum and Keli Co.