Hong Kong Stock Midday Review | Hang Seng Index down 0.29%, volume contraction and consolidation, oil service sector surges against the trend, SHANDONG MOLONG skyrockets 58.82%
LB Select·- On March 3, Hong Kong's major stock indices experienced a collective decline following a previous day of gains. - The Hang Seng Index dropped 0.29%, while the Hang Seng Technology Index fell 1.02%, attributed to profit-taking after recent highs. - The energy sector led gains due to rising oil prices from geopolitical tensions, notably with Shandong Molong surging 58.82%, indicating strong interest in low-priced oil service stocks.