Futu News reported on July 5th that the three major indexes of the Hong Kong stock market fell sharply in the morning, with the Hang Seng Tech Index performing the worst with a significant decline of 1.83%. The Hang Seng Index and the H-share Index fell 1.09% and 1.27% respectively, with the Hang Seng Index once again falling below the 18,000 mark.

At the end of the midday close, 440 stocks in the Hong Kong stock market rose, 1189 fell, and 1438 remained unchanged.

In terms of sectors, network technology stocks fell, with Ctrip falling more than 2%, Kuaishou and Xiaomi falling nearly 2%, Meituan and Netease falling more than 1%, and Tencent and JD falling nearly 1%.

Gold industry stocks rose against the trend, with Zhaojin Mining rising more than 2%, Zijin Mining Group, Shandong Gold, and Lingbao Gold rising nearly 2%.

Auto industry stocks generally fell, with Lingpao falling nearly 5%, Xiaopeng falling more than 4%, Geely falling nearly 4%, and Ideanomics falling more than 3%.

Apple concept stocks slid, with BYD Electronic and Sunny Optical Technology falling more than 3%, AAC Tech falling more than 2%, and Cowell falling nearly 2%.

In other sectors, bank stocks, oil and gas stocks, insurance stocks, coal industry stocks, and mainland real estate stocks all had a significant decline, while telecommunication services stocks fell slightly.

In terms of individual stocks,$SENSETIME-W (00020.HK)$It fell more than 13% and is expected to release the "Ririxin 5.5" large model soon, which may help accelerate the AI commercialization process.

$CTG DUTY-FREE (01880.HK)$It rose nearly 5% again, and the reform of consumption tax is expected to widen the gap between tax-free and taxable prices, enhancing the attractiveness of duty-free shops.

$CHINA RES GAS (01193.HK)$It rose nearly 4%. Deutsche Bank is optimistic about maintaining high single-digit growth in mainland gas demand.

$TOPSPORTS (06110.HK)$It fell more than 6% again, and UBS Group lowered its profit forecast due to the company's weak short-term revenue.

$ROBOSENSE (02498.HK)$It plunged nearly 68%, hitting a new low since its listing, and its market capitalization shrank from 62 billion to 7.8 billion.

$SUNDY SERVICE (09608.HK)$fell nearly 16%,$CHANGJIU HLDGS (06959.HK)$fell more than 7%,$UBTECH ROBOTICS (09880.HK)$fell more than 12%, continuing the downward trend from yesterday.

TOP20 turnover in half a day

Editor/Feynman