Hong Kong stock midday review: Hang Seng Index up by 0.14%, property stocks surging straight up, financial stocks active, leading lithium battery company plunges.

In the morning session, the three major indexes of the Hong Kong stock market once again showed a trend of opening high and falling low. The Hang Seng Tech Index performed the weakest, closing down 1.01% at noon. The Hang Seng Index saw a slight increase of 0.14%, while the state-owned enterprise index fell by 0.09%. Weighted technology stocks showed differentiation, with Baidu rising over 2% and Xiaomi continuing to fall by over 3% to hit a new low. Influenced by news, real estate stocks surged, with Sunac China Holdings leading the way with a rise of over 10%, and property management stocks, construction materials and cement stocks, and other related industries also rose. Most of the major financial stocks showed active performance. On the other hand, lithium battery stocks, automobile stocks, and coal stocks declined, with lithium battery leader Contemporary Amperex Technology Co. Ltd. falling by over 8%.