Hong Kong stock market midday review: Hang Seng Index fell by 1.11%, Hang Seng Technology Index fell by 1.69%.

As of the midday close, the Hang Seng Index fell by 1.11% and the Hang Seng Technology Index dropped by 1.69%. Online education stocks, film and television stocks, lithium batteries, and rare earth permanent magnet sectors led the decline on the market, while pharmaceutical outsourcing concepts, logistics, chips, semiconductors, and real estate stocks led the gains. In terms of individual stocks, Kuaishou, Bilibili, and Huanxi Media fell by over 4%, New Oriental fell by over 2%, and BYD Co Ltd fell by over 2%; Shun Thai Holdings rose by over 10%, Kanglonghua Chengcheng rose by over 8%, Wuqing BioTech rose by over 4%, Nongfu Spring rose by over 3%, and JD Logistics rose by over 2%.