Hang Seng Index Falls 0.13%, Hang Seng Tech Index Rises 0.91%

36Kr reports that the Hang Seng Index closed down 0.13% while the Hang Seng Tech Index gained 0.91%. Retail and auto stocks led the gains, with Shein rising over 10%, Meituan up more than 6%, Xiaomi Group, Miniso advancing over 5%, and Nio and XPeng Group climbing above 2%. Semiconductor, optical module, and GEO concept stocks saw the largest declines, with FiberHome Optical Cable, Cambridge Innovation Tech, and GigaDevice falling over 6%, while Zhipu AI and Eoptolink dropped more than 4%. Southbound funds netted out of HK$135 million.