Hong Kong Stock Midday Review: The Hang Seng Index fluctuated below water in the morning, while the semiconductor sector strengthened against the trend

On November 11th, Jinshi Data reported that the Hang Seng Index opened nearly 500 points lower in the morning, and after a slight rebound, selling pressure re-emerged, with the decline quickly expanding to 500 points, hitting a low of 20,151.38 points, marking a new low in over three weeks. After fluctuating and recovering, the decline narrowed slightly before noon. The Hang Seng Tech Index benefited from the semiconductor sector's strength, outperforming the broader market. As of the midday close, the Hang Seng Index fell by %, closing at points, while the Tech Index dropped by %, closing at points, with a total market turnover of billion Hong Kong dollars. On the market, most sectors were in the red, with the semiconductor sector performing well against the trend, while Chinese brokerage stocks, insurance stocks, and domestic property stocks saw the largest declines. In terms of individual stocks, Zhongsheng Holdings (00881.HK) surged again today, rising 21.41%, SMIC (00981.HK) increased by 5.43%, Xiaomi Group (01810.HK) rose by 2.83%, Ping An Insurance (02318.HK) fell by 4.31%, Sunac China (01918.HK) dropped by 8.26%, and CISI FIN (06058.HK) declined by 9.09%