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News 2026-10-07 05:00 UTC

Hong Kong stocks fall; tech, biotech firms lead decline

Hong Kong's benchmark Hang Seng index slipped 0.5% by the lunch break. The Hang Seng China Enterprises Index fell 0.7% while Hang Seng Tech lost 0.9%. AI developer Minimax and tech giant Alibaba dropped 5% and 3% respectively. Biotech firms dropped 2.7%.