Hong Kong stock market anomaly | Steel stocks fell in the afternoon, and Steel Stability Growth Plan was released. Institutions say it is consistent with current industry growth rates and market expectations.

According to the China Fortune Finance APP, the decline of steel stocks expanded in the afternoon. As of the time of publication, Maanshan Iron and Steel Co., Ltd. (00323.HK) fell by 5.41% to 2.45 Hong Kong dollars; Angang Steel Co., Ltd. (00347.HK) fell by 5.48% to 2.07 Hong Kong dollars; and Chongqing Iron and Steel Co., Ltd. (01053.HK) fell by 5.04% to 1.32 Hong Kong dollars.