Hang Seng Index closes morning session down 1.29% as software stocks decline

According to Gate market data, the Hang Seng Index fell 1.29% and the Hang Seng Tech Index dropped 2.07% during the morning session, with a total turnover of HK$105.86 billion. Software and power equipment sectors saw pullbacks, while printing, packaging, and storage stocks led gains. Notable declines included Zhipu, MiniMax, NIO, Alibaba, and Meituan, while China Unicom, China Life Insurance, and Hua Hong Semiconductor saw gains.