Hong Kong Stock Midday Review: The Hang Seng Index fell more than 300 points in the morning, with the semiconductor sector collectively retreating

According to Jin10 data on November 12, after the Hang Seng Index fell for two consecutive days, accumulating over 500 points, it experienced a one-sided decline in the morning, dropping over 300 points in half a day, reaching a new low in over three weeks. The semiconductor sector's pullback dragged the tech index down by over 2%. As of the midday close, the Hang Seng Index fell by 1.73%, closing at 20,073.82 points, while the tech index fell by 2.25%, closing at 4,547.10 points, with a total market turnover of HKD 102.332 billion. On the market, the semiconductor sector corrected today, and there was significant selling pressure in the precious metals sector, while automotive stocks and lithium battery stocks performed strongly. In terms of individual stocks, Zhongsheng Holdings (00881.HK) fell 5.49% today, as the company announced a preliminary agreement with Seres; SMIC (00981.HK) fell 2.88%, Zijin Mining (02899.HK) fell 3.67%, GAC Group (02238.HK) rose 6.07%, and Ganfeng Lithium (01772.HK) rose 3.73%