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The three major indices of Hong Kong stocks opened low and fell by more than 1% in the morning session. As of midday trading, the Hang Seng Index fell 1.01%, the State-owned Enterprises Index fell 1.11%, and the Hang Seng Technology Index fell 1.65%. At one point, it fell to 2% during the intraday session. The weak performance of large technology stocks, which are market trends, dragged down the market. Most Chinese brokerage stocks and bank stocks were sluggish; international crude oil declined in the short term. Trump said that Venezuela will deliver 30-50 million barrels of oil to the US. The decline in three barrels of oil is obvious. Agencies expect a decline in car market sales in 2026 plus a frantic price war in the car industry at the beginning of the year. In addition, the paper sector saw strong gains, and aluminum stocks rose to new highs in China's Hongqiao, Innovation Industrial, and Nanshan Aluminum International.

Zhitongcaijing·01/07/2026 04:09:03
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The three major indices of Hong Kong stocks opened low and fell by more than 1% in the morning session. As of midday trading, the Hang Seng Index fell 1.01%, the State-owned Enterprises Index fell 1.11%, and the Hang Seng Technology Index fell 1.65%. At one point, it fell to 2% during the intraday session. The weak performance of large technology stocks, which are market trends, dragged down the market. Most Chinese brokerage stocks and bank stocks were sluggish; international crude oil declined in the short term. Trump said that Venezuela will deliver 30-50 million barrels of oil to the US. The decline in three barrels of oil is obvious. Agencies expect a decline in car market sales in 2026 plus a frantic price war in the car industry at the beginning of the year. In addition, the paper sector saw strong gains, and aluminum stocks rose to new highs in China's Hongqiao, Innovation Industrial, and Nanshan Aluminum International.