Breaking News: Hang Seng Index opens down 0.35%, China Tech Index drops 0.44%. Tech and insurance stocks broadly decline. The non-ferrous metals sector opens lower.

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U.S. stocks fell sharply on Thursday, as concerns grew over the failure of U.S.-Iran negotiations to reach an agreement, while oil prices remained high, affecting investor confidence. All three major indices closed lower. The dollar performed well, with the U.S. ten-year Treasury yield rising to 4.41%, gold prices fell, and oil prices initially rose before retreating.

Today, the three major indices of the Hong Kong stock market opened lower collectively, with the Hang Seng Index opening down 0.35%, at 24,768.66 points. The Hang Seng Tech Index fell 0.44%, and the State-Owned Enterprises Index dropped 0.15%. On the market, technology stocks generally fell, with Bilibili down over 2%, and Kuaishou and Baidu down over 1%; semiconductor stocks continued to adjust, with Zhaoyi Innovation down over 4%; most non-ferrous metal stocks fell, with Shandong Gold down over 5%; insurance stocks opened lower, with AIA down over 3%.

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Editor: Hao Xinyu

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