Hong Kong Stock Fluctuation | Storage concept falls sharply as US storage giants' revenue guidance misses expectations, leading to a bearish sentiment spreading to the Asia-Pacific market.

According to Zhithong Finance APP, the storage concept has seen significant declines. As of the time of this report, the Southern Double Long SK Hynix (07709.HK) fell by 15.72%, trading at HKD 32.82; the Southern Double Long Samsung Electronics (07747.HK) dropped by 12.1%, trading at HKD 61.48; Lanqi Technology (06809.HK) decreased by 3.62%, trading at HKD 260.2; and Zhaoyi Innovation (03986) fell by 2.47%, trading at HKD 474.