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Hong Kong Stocks Decline 0.5% in Morning Trading

Dow Jones
Aug 05

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Hong Kong slipped during early trading Wednesday, as the Hang Seng Index declined 0.5% to 25735.53.

Among local companies with a market cap of at least 40 billion Hong Kong dollars ($5.10 billion), Busy Ming Group is the biggest early laggard, dropping 3.0%, followed by shares of CNOOC, which fell 2.4%. Shares of China State Constr Intl declined 2.1%.

Techtronic Industries is the biggest leader this morning, jumping 8.0%, and Lenovo Group surged 8.0%. Z.AI rounds out the top three movers, as shares jumped 5.8%.

The U.S. dollar held steady against the Hong Kong dollar at HK$7.84.

Data source: Dow Jones Market Data, FactSet

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