Hong Kong stocks closed, with 智谱 down 11.01% and MINIMAX-W down 12.29%.

According to Bitget market data, Hong Kong stocks closed with the Hang Seng Index down 1.03% and the Hang Seng Tech Index down 2.72%. Newly listed firm Transsion Holdings (02636.HK) dropped over 5%, Zhipu fell 11.01%, MINIMAX-W declined 12.29%, Daysun Semiconductor fell 13.58%, and Lenovo Group dropped 15.20%.

@tonmelonfest