HSI pauses trading midday, down 1.06%, HSI Technology Index down 1.75%

The Hang Seng Index fell 1.06% during the midday break, and the Hang Seng Tech Index fell 1.75%; semiconductor, GEO, and CPO concept stocks led the decline, with Cambridge Technology falling more than 10%, Changfei Optical Fiber and Cable and Longxi Technology falling more than 9%, Zhipu, MINIMAX-W, and GigaDevice falling more than 8%, and InnoLight falling more than 7%; the coal and petrochemical sectors led the rise, with Shandong Mulong rising more than 2% and China Shenhua rising more than 1%; Southbound funds net bought HK$2.17 billion.