At midday in Hong Kong the HSI was down 0.49% and the Hang Seng Tech Index down
0.19%. Half-day turnover reached HK$135.16 bln. Sector leaders: optical
communications, PCB, semiconductor stocks and pharma outsourcing/CRO names.
Laggards: pork producers, online education and mainland banks. Notable movers:
WuXi AppTec (02359.HK) up >10%; Zhipu (02513.HK) up >7%; Huahong Hongli
(01347.HK) up >4%; CATL (03750.HK) up >3%. Decliners included MINIMAX-W
(00100.HK) down ~5%, XPeng (09868.HK) down >4% and Li Auto (02015.HK) down >3%.