At the close of trading in Hong Kong, the Hang Seng Index fell 0.94%, while the Hang Seng Tech Index dropped 1.49%. Hang Seng Index Total market turnover reached HK$276.134 billion.In terms of sector performance, film and entertainment, automotive, short-video concept stocks, mainland property stocks, and defense stocks led the declines, while pharmaceutical outsourcing concepts, rare earth concepts, coal stocks, and restaurant stocks led the gains.Sunac China (01918.HK) fell more than 8%, Tencent Music (01698.HK) fell more than 5%, and BYD (01211.HK) fell nearly 4%, while Alibaba (09988.HK), NIO Auto (09866.HK), and Damai Entertainment (01060.HK) all fell more than 3%. Taitai Pharmaceutical (03347.HK) rose nearly 9%,Yankuang Energy (01171.HK) rose nearly 6%, WuXi Biologics (02269.HK) rose nearly 6%, Huahong Semiconductor (01347.HK) rose 5%, and Jinli Permanent Magnet (06680.HK) rose over 3%.