
Hong Kong Stocks Slide as Trading Resumes Post-Holiday

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Hong Kong stocks fell 233 points (0.9%) to 26,469 as trading resumed post-Lunar New Year. The decline was influenced by closed mainland exchanges and weakened global risk appetite due to U.S. military actions in the Middle East and a selloff in private equity stocks. Investors await January's jobless rate, while optimism about travel demand during the Spring Festival provided some support. Tech and consumer stocks led the declines, with major losses from Pop Mart Intl. (-3.3%), Xiaomi (-3.2%), Kuaishou Tech (-3.0%), and Tencent (-2.3%).
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