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Hang Seng Tech Index Falls 1.61%, Zhizhu Drops Over 10%

On September 8, Hong Kong stocks closed lower, with the Hang Seng Index down 0.38% and the Hang Seng Tech Index down 1.61%. Application software stocks saw significant declines, with Haijing Zhiyuan falling over 11%, Zhizhu dropping over 10%, Weimeng Group down over 6%, and MiniMax down over 5%. Optical communication stocks collectively dropped, with Xizhi Technology-P falling over 7%, Lens Technology down over 4%, and Sunny Optical Technology and Zhongji Xuchuang both down over 3%. Haiguang Chip is up over 31%, as it has been included in the Hong Kong Stock Connect list starting September 7.

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