Hong Kong stocks closed mixed after intraday weakness. The Hang Seng Index rose
0.30% at the close while the Hang Seng Tech Index fell 0.79%. Port and shipping
names led gains; COSCO Shipping Energy (01138.HK) jumped over 4%. Gold stocks
recovered, with Zijin Gold International (02259.HK) up more than 2%. Education,
oil, retail, home appliances and OLED stocks were active. Semiconductor losses
narrowed in the afternoon; Lanqi Technology (06809.HK) and Hua Hong Hongli
(01347.HK) each fell over 5%. PCB names extended declines: Dingtai High-Tech
(01377.HK) and Kingboard Laminates (01888.HK) dropped over 4%. Other notable
laggards included optical communications, battery, biotech, Chinese brokerages
and AI-related stocks.