Hong Kong Stocks Midday Review: Hang Seng Tech Index down 2.28%, AI applications, robotics, and oil stocks rise against the trend

NightAirdropper · 2026-02-20T06:26:31+00:00

Tensions in the Middle East have heightened risk aversion, leading to a decline in U.S. stocks and volatility in Hong Kong stocks. The Hang Seng Tech Index fell 2.28%, the Hang Seng Index dropped 0.61%, with a total market turnover of HKD 91.8 billion. Technology stocks generally declined, while some oil and real estate stocks defied the trend and rose.

NightAirdropper

2026-02-20 06:26:31

Abstract generation in progress

Gelonghui February 20 | Middle East tensions intensify again, risk aversion rises. U.S. stocks declined overnight, and Hong Kong stocks experienced weak volatility on the first trading day of the Year of the Horse. As of midday close, the Hang Seng Tech Index fell 2.28%, the Hang Seng Index dropped 0.61% to 26,544.12 points, and the State-owned Enterprise Index declined 0.59%; the total turnover of the Hang Seng Index was HKD 91.8 billion. Technology stocks collectively declined, with AI applications, robotics, storage, and oil stocks rising against the trend. Among Hang Seng Index constituents, China National Petroleum Corporation rose over 5%, Henderson Land and CNOOC increased over 3%, Li Ning and Cinda Biologics rose over 2%; among Hang Seng Tech Index constituents, Baidu, Kingdee International, Bilibili, and JD Health fell over 5%.

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