Hong Kong Stock Midday Review: The Hang Seng Index fluctuates underwater in the morning, while Chinese telecom stocks perform well against the market trend

According to Jin10 Data on November 13, the Hang Seng Index fell for three consecutive days, dropping below the 20,000 mark. In the morning, it continued to show weakness, fluctuating below water, with a minimum drop of over 200 points to 19,608.32 points. The Hang Seng Tech Index once fell over 2% before rebounding and narrowing its losses. As of the midday close, the Hang Seng Index fell 0.63% to 19,721.58 points, and the Tech Index fell 1.20% to 4,403.43 points, with a total market turnover of HKD 104.127 billion. On the market, Chinese telecom stocks performed strongly, led by the three major operators, while automotive and tourism stocks faced pressure and weakened. In terms of individual stocks, China Unicom (00762.HK) rose 3.5%, Trip.com Group-S (09961.HK) fell 4.25%, and Nio (09866.HK) fell 5.92%