Hong Kong stocks midday review: Technology stocks fell, the Hang Seng Technology Index fell by 1.32%, the Hang Seng Index rebounded near midday, and gold stocks rebounded.

date
03/02/2026
Due to the impact of the decline in technology stocks, the three major stock indexes in Hong Kong quickly fell during the midday session. By the end of the midday session, the Hang Seng Index had rebounded and turned positive by 0.2%, the State-owned Enterprise Index fell by 0.22%, and the Hang Seng Technology Index fell by 1.32%. Most technology stocks fell due to market rumors, with Baidu and Tencent falling by more than 3%, and at one point falling by more than 6%; signs of stabilization are beginning to appear! Gold and silver rebounded during the session, with gold stocks leading the rebound in non-ferrous metal stocks, and heavy machinery stocks, electric equipment stocks, military stocks, and airline stocks were mostly active. In addition, Chinese brokerage stocks, automotive stocks, and AI application concept stocks were underperforming.