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Hong Kong Stocks Decline at Midday, Hang Seng Index Down 1.31%, Tech Index Falls 2.19%

GateNews
StocksIndices

Gate News message, April 22 — Hong Kong stocks declined at midday trading on April 22. The Hang Seng Index (Hong Kong's primary stock benchmark) fell 1.31%, while the Hang Seng Tech Index (tracking Hong Kong-listed technology companies) dropped 2.19%.

AI-related concept stocks weakened across the board, with Paradigm AI down over 12%, Kingsoft Cloud down over 3%, and Glodon down over 1%.

Major tech and internet stocks also retreated, with Alibaba down over 3%, Tencent Holdings, Baidu Group, and JD.com each falling over 2%.

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