Hong Kong Stocks Close Mixed as AI Concept Stocks Decline

The Hong Kong Hang Seng Index closed up 0.07%, while the Hang Seng Tech Index fell 0.33% on August 28. Real estate stocks led the gains, with Sunac China rising over 10%. Conversely, the AI large model sector saw significant declines, as Zhipu AI(智谱) dropped over 6% and MiniMax(MINIMAX-W) fell more than 4%.