In early trading, the Hang Seng Index fell 2.07% to 19588.83; the Hang Seng Technology Index fell 3.11% to 4161.6; Automobile stocks led the decline, while Science and Technology stocks and Chinese stocks returning to Hong Kong declined, while CXO concept stocks fell. GOGOX is up nearly 9%, Unified Enterprise China is down more than 10%, Wuxi Biologics is down more than 9%, Longfor Group is down more than 7%, NIO Inc. is down more than 6%, Junshi Bio and Li Auto Inc. are down nearly 6%, and Meituan and Byd Company Limited are down more than 4%.