Hong Kong Stock Market Midday Report: Hang Seng Index fell 1.48%, Hang Seng Technology Index fell 2.55%.

Hong Kong stocks closed lower at noon, with the Hang Seng Index down 1.48% and the Hang Seng Technology Index down 2.55%. China Resources Pharmaceutical Group rose over 5%; Zhongan Online fell over 14%, and XPeng Motors and Alibaba fell over 4%.