Hong Kong stocks closed: Hang Seng Index fell 1.72%, KNOWLEDGE ATLAS surged over 20%
Hong Kong stocks opened lower today and continued to decline, with net purchases from southbound funds exceeding HKD 20 billion. The Hang Seng Index closed down 1.72%, and the Hang Seng Technology Index closed down 0.90%. Large technology stocks collectively fell, with Meituan dropping over 3%; AI application concept stocks were strong, with HAIZHI TECH GP rising over 242% on its first day of listing, MINIMAX-WP rising over 15%, and KNOWLEDGE ATLAS rising over 20%. The company has hired a counseling agency for its listing on the STAR Market
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