Hong Kong Stocks Drop, CSI 300 Rises, Shanghai Composite Down 1.65%

Hong Kong's stock market experienced a decline of approximately 1.4%, reflecting broader regional market downturns. However, oil and energy-related companies in Hong Kong outperformed the general market. In contrast, China's CSI 300 Index saw a rise of 0.9%. Meanwhile, other indices such as the Shenzhen Component Index and the CSI 1000 recorded declines of 1.56% and 2.72% respectively. The CSI 300 Real Estate sector dropped by 2.58% and the Beijing 50 Index fell by 3.22%. The Shanghai Composite Index also fell by 1.65%, with over 5,000 stocks closing down and fewer than 300 stocks making gains. The tech-heavy Chinext Price Index dropped by 2%. Additionally, the CSI 300 futures were slightly up by 0.09% at 3,520.4 points.