Hong Kong stock market movement | AI hardware stocks open sharply lower; Democrats sweeping Congress raises AI regulatory concerns; US stock market crash spreads to Asia-Pacific markets.

Zhitong Finance APP has learned that Hong Kong-listed AI hardware stocks opened sharply lower across the board today. As of press time, Yangtze Optical Fibre and Cable (06869.HK) fell 12.59% to HK$84; Victory Giant Technology (02476.HK) fell 11.84% to HK$105; Kingboard Laminates (01888.HK) fell 11.3% to HK$28.98; Zhongji Innolight (03308) fell 11.06% to HK$555; Lenovo Group (00992) fell 9.3% to HK$17.6; Hua Hong Semiconductor (01347) fell 8.6% to HK$61.5.