Hang Seng Index Dips 1.06% at Midday Break; Hang Seng Tech Index Falls 1.75%

36Kr reports that the Hang Seng Index dropped 1.06% and the Hang Seng Tech Index fell 1.75% at midday. Semiconductor, GEO, and CPO concepts led declines, with Cambridge Innovation Technology down more than 10%, YOFC and Lanqi Technology falling over 9%, Zhipu AI, MINIMAX-W, and GigaDevice dropping more than 8%, and Zhongji Innolight declining more than 7%. Coal and petrochemical sectors led gains, with Shandong Molong rising over 2% and China Shenhua up more than 1%. Southbound funds net bought HK$2.17 billion.