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Movement Alert|CSOP HS TECH Intraday Decline 3.01%, Hong Kong Technology Shares Came Under Broad Selling Pressure

Market Focus10-29 15:53

On October 29, CSOP HS TECH recorded an Intraday Decline of 3.01% in Regular Trading, trading at 3.668 with turnover of HK$8.104 billion.

The move aligned with broad weakness in Hong Kong technology shares, as the Hang Seng Tech Index fell nearly 2% by midday and at one point dropped about 3%, with semiconductors, hardware equipment and software services under pressure.

Market breadth within the technology complex was weak: MiniMax, Zhipu, Lenovo, SMIC, Alibaba, Meituan and other major constituents were reported lower during the session, directly weighing on products designed to closely track the Hang Seng Tech Index.

CSOP HS TECH aims to deliver investment results that closely correspond to the performance of the Hang Seng Tech Index, before fees and expenses.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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