Hong Kong stocks closed mixed. The Hang Seng Index rose 0.16%, the Hang Seng
Tech Index fell 0.96%. Turnover was HK$309.5bn. Memory/storage names slumped:
Zhaoyi Innovation (03986.HK) down more than 15%; Southern 2x long Samsung
Electronics product down over 20%; Southern 2x long SK Hynix product down over
33%. AI large-model name MINIMAX-W (00100.HK) fell more than 17%. Autos were
weak, led by SERES (09927.HK), down over 13%. PCB names tumbled: Kingboard
Laminates (01888.HK) down over 18%; Kingboard Holdings (00148.HK) down over 19%.