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Hong Kong Hang Seng Tech Index closed down 1.75%, with memory concept stocks leading the decline
05/06/2026 04:14
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According to data from MSX.COM, the Hang Seng Index closed down 1.15%, while the Hang Seng Tech Index fell 1.75%. Memory concept stocks led the decline, with the Southern 2x Leveraged SK Hynix ETF falling over 19%, the Southern 2x Leveraged Samsung Electronics ETF dropping over 13%, Montage Technology falling over 9%, and GigaDevice declining over 8%. The AI application sector also fell, with MINIMAX-W down over 16% and Zhipu AI dropping over 9%. The semiconductor sector weakened, with Hua Hong Semiconductor falling over 7% and SMIC declining over 7%.
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