As of the press time, Hong Kong's three major indexes fluctuated downward. The Hang Seng Index fell 0.97%, the Hang Seng Tech Index fell 1.54%, and the Hang Seng China Enterprises Index fell 1.16%.

In terms of sectors, technology stocks fell, with Hua Hong Semiconductor falling more than 5%, Kuaishou falling more than 4%, and Ctrip falling more than 3%.

Petroleum stocks rose against the trend, with Sinopec rising nearly 2%, CNOOC and Kunlun Energy following the trend.

The photovoltaic sector weakened, with Flat Glass falling nearly 6%, Xinyi Solar falling nearly 5%, and GCL Tech falling 4%.

Internet healthcare stocks fell, with Ping An Good Doctor falling nearly 4%, Ali Health falling over 3%, and JD Health falling over 2%.

In terms of individual stocks,$MIDEA REAL EST (03990.HK)$The stock rose nearly 70%. The company plans to spin off its real estate development business and distribute HKD 5.9 per share in cash or physical distribution.

$AKESO (09926.HK)$The stock rose nearly 4%. The company's Kadcyla antibody drug price was reduced by more than 50%, and the efficacy of the Phase III clinical trial of Herceptin was significant.

$SMOORE INTL (06969.HK)$The stock rose nearly 7%. The FDA approved the company's menthol flavored electronic cigarette, and the product's harm reduction was recognized.

$HAIDILAO (06862.HK)$The stock fell nearly 7%. Yang Lijuan resigned as the company's executive director and CEO, effective from July 1, 2024; Gou Yiqun was appointed as the executive director and CEO.

Edited by Jeffrey