Hong Kong Stock Market Midday Review: Hang Seng Index down 0.12% in the first half of the day, with declines led by automotive, coal, and domestic bank stocks

According to Jinshi Data on November 20, the Hang Seng Index opened 40 points lower in the morning and then showed a narrow fluctuation trend; the Hang Seng Tech Index once fell over 0.6% in the morning but later rebounded. As of the midday close, the Hang Seng Index was down 0.12%, while the Hang Seng Tech Index was up 0.03%. In terms of sectors, biotechnology, pharmaceuticals, and semiconductors led the gains; sectors such as oil, automotive, paper, coal, and domestic bank stocks were sluggish. Among large tech stocks, Tencent Holdings (00700.HK) rose nearly 1%, Kuaishou (01024.HK) rose nearly 2%, and both Baidu (09888.HK) and JD.com (09618.HK) closed higher. Automotive stocks Nio (09866.HK) and Great Wall Motors (02333.HK) were sluggish, both down over 3.5% for the half-day. CHENMING PAPER (01812.HK) once fell nearly 30% in the morning, closing down nearly 25% by midday