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Data compiled by Woofun AI shows that Hong Kong equities concluded trading with broad-based declines, particularly within the artificial intelligence sector. The Hang Seng Index retreated 1.82%, while the Hang Seng TECH Index suffered a sharper 3.3% plunge, reflecting significant selling pressure among technology growth stocks.
Concurrently, AI concept shares experienced collective downward momentum. MINIMAX led the losses with a 16% drop, followed by DeepBlue Technology, which fell over 12%, and INSPUR, which declined approximately 10%. This synchronized sell-off underscores heightened risk aversion toward high-multiple tech valuations in the current market environment.