HSI Midday Down 165 Pts; Z.AI Plunges 16%+; XIAOMI-W Down 1.7% Ahead of Results
AASTOCKS News·
- The Hong Kong Hang Seng Index closed down 165 pts or 0.65% at 25,287 at midday, with major tech and AI-related stocks experiencing notable declines.
- XIAOMI-W dropped 1.7% ahead of its results announcement, while AI-related stock Z.AI plunged 16.63%.
- Insurers and international financials generally deteriorated, whereas oil prices rose following comments from US President Donald Trump regarding Iran.
