Hong Kong Stock Market Closing | Hang Seng Index fell 0.94%, technology sector under pressure, GCL NEWENERGY rose over 24%, leading popular stocks

On January 7th, Hong Kong stocks closed lower across the board, with the Hang Seng Index down 0.94%. The technology and national enterprise indices were also under pressure, showing clear signs of high-level fluctuations and short-term adjustments. Core leaders such as Alibaba and BYD weakened, and market sentiment was cautious, with funds clearly on the sidelines. Stocks like GCL NEWENERGY surged against the trend, highlighting significant short-term speculative characteristics. On the macro level, the impact of international capital flows and economic recovery expectations remains profound, as the market awaits favorable signals from policies and industries