Hong Kong stocks closing review: Hang Seng Index fell 0.46%, Hang Seng Technology Index fell 0.31%.

Hong Kong stocks closed with the Hang Seng Index falling by 0.46% and the Hang Seng Technology Index falling by 0.31%. The Hong Kong technology ETF closed with a 0.40% increase, while the Hang Seng Stock Connect ETF closed with a 0.47% decrease. Alibaba-W dropped by more than 4%, NetEase-S soared by 13%, and Fourth Paradigm surged by over 11%.