Hong Kong stocks closed lower. The Hang Seng fell 1.55% to 23,637.60, the Tech
index dropped 3.02% to 3,813.19. Market turnover was HK$195.86 billion, versus
HK$202.65 billion in the prior session. PCB-related names led losses: 03228.HK
-13.73%, 02476.HK -13.46%, 01377.HK -9.41%. Optical-communications stocks also
slumped: 03308.HK -9.39%, 06869.HK -7.20%, 02384.HK -6.80%, 01347.HK -6.10%.
Memory/storage plays fell: 06809.HK -6.03%, 03986.HK -6.01%, 09976.HK -4.12%.
Pork names outperformed: 02714.HK +4.55%, 01610.HK +2.95%. Banks rallied:
Guangzhou Rural Commercial Bank (01551.HK) +6.47%, Guizhou Bank (06199.HK)
+3.68%, Bank of Qingdao (03866.HK) +1.92%.