Hang Seng Index Falls 0.9%, Hang Seng Tech Index Drops 1.26%

36Kr reports that the Hang Seng Index closed down 0.9% and the Hang Seng Tech Index fell 1.26%. The equipment, consumer, and telecommunications sectors led the declines, with CATL dropping more than 11%, Pop Mart falling over 4%, and China Unicom declining more than 3%. Semiconductor, defense, and healthcare sectors rallied, with Longyi Aviation Technology rising more than 18%, Naodong Jiguang up over 17%, and Lanqi Technology gaining more than 8%. Southbound funds saw an outflow of HK$4.435 billion.