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The Hang Seng Index dropped 0.6 per cent to 26,913.68 at the open, paring some of the 2.5 per cent gain recorded on Monday. The Hang Seng Tech Index fell 1 per cent. On the mainland, the CSI 300 Index rose 1.4 per cent while the Shanghai Composite Index jumped 1.2 per cent.
Technology heavyweights led the major losers. Chipmaker Semiconductor Manufacturing International Corporation dropped 1.7 per cent to HK$69.90, and search-engine firm Baidu slid 1.6 per cent to HK$131.10. E-commerce major Alibaba Group Holding fell 1.5 per cent to HK$149.90, and short-video platform operator Kuaishou Technology slipped 1.5 per cent to HK$67.50.
Limiting losses, insurance firm AIA rose 1.5 per cent to HK$86.95 and power-tool maker Techtronic Industries gained 1.5 per cent to HK$125.70. PetroChina added 1.5 per cent to HK$9.71 and gold miner Zijin Mining advanced 0.8 per cent to HK$45.26.
Among other major Asia-Pacific markets, Japan’s Nikkei 225 gained 0.9 per cent and South Korea’s Kospi climbed 1.1 per cent, while Australia’s S&P/ASX 200 slipped 0.2 per cent.
