HK Stocks Extend Losses. HSTECH Falls 1.85%; 51World down 11%; Biren Tech down 9%; XPeng down 6%; Alibaba, Iluvatar Corex down around 5%; MiniMax, Samsung-related ETF down over 3%.
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Hong Kong stocks extended declines. The Hang Seng Index (HSI) fell 1% as traders weighed an uninspiring Wall Street hand-over against firm commodity prices. The China Enterprises Index (HSCEI) eased 1.25%, while the Hang Seng Tech Index slipped 1.85%, signalling a cautious tone with selective buying in heavyweight names but no decisive sector rotation.

51World down 11%; Biren Tech down 9%; XPeng down 6%; Alibaba, Iluvatar Corex down around 5%; MiniMax, Samsung-related ETF down over 3%.

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