Hong Kong Stock Afternoon Review|Hang Seng Index fell 1.34%, domestic semiconductor chip stock prices picked up

The Zhitong Finance App learned that the Hang Seng Index fell 1.34% during the afternoon break, and the Hang Seng Technology Index fell 1.15%.

Rumor has it that the US is considering restricting the sale of AI chips to some countries. Agencies say they expect AI and localization to drive demand for semiconductors. Chip stocks picked up in early trading, with Shanghai Fudan (01385) up 2.18%; SMIC (00981) up 4.32%; and Huahong Semiconductor (01347) up 0.43%.

Policies related to data elements were released intensively, and Universal Data - SW (09698) rose 7.39%.

The real estate market was underdeveloped. Domestic housing stocks all fell, with R&F Real Estate (02777) falling 5%; Shimao Group (00813) falling 4.38%; Agile Group (03383) falling 2.91%; and Sunac China (01918) falling 4.4%.

The Ministry of Finance plans to increase large-scale debt limits at once. AMC concept stocks fell in early trading. China Cinda (01359) transferred 530 million claims from two companies, involving various project plots or assets in Fuzhou, down 10.80%; CITIC Financial Assets (02799) fell 5.97%.