Hong Kong stocks opened lower, with the Hang Seng Index down 1.16% and the Hang Seng Tech Index down 1.24%. Oil and gas resource stocks opened higher again, with China Gas Holdings up 15% and Shandong Molong Petroleum Machinery up 14.16%. Tech stocks continued to decline, with Alibaba-W opening down 2.67% and Kingsoft Cloud down 2.38%.
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Hong Kong stocks open: Hang Seng Index down 1.16%, Hang Seng Tech Index down 1.24%
Hong Kong stocks opened lower, with the Hang Seng Index down 1.16% and the Hang Seng Tech Index down 1.24%. Oil and gas resource stocks opened higher again, with China Gas Holdings up 15% and Shandong Molong Petroleum Machinery up 14.16%. Tech stocks continued to decline, with Alibaba-W opening down 2.67% and Kingsoft Cloud down 2.38%.