Hong Kong Stock Midday Review: The Hang Seng Index opened lower in the morning and fluctuated, closing down 0.93%. MIXUE GROUP's stock price doubled in a week since its listing

According to Jinshi Data on March 11, U.S. stocks fell sharply overnight, with the Nasdaq down 4%. Affected by this, the Hang Seng Index opened more than 500 points lower this morning, then continued to fluctuate and recover, contending around 23,500 points. The Hang Seng Tech Index outperformed the broader market this morning, opening down over 2% but once rising more than 1%, before falling back underwater again before noon. As of the midday close, the Hang Seng Index was down 0.93%, at 23,562.09 points, while the Tech Index was down 0.68%, at 5,845.70 points, with a total market turnover of HKD 177.025 billion. On the market, retail stocks and new energy vehicle stocks rose against the trend, while tech stocks fluctuated widely, and sectors such as non-ferrous metals and Apple concepts saw significant declines. In terms of individual stocks, MIXUE GROUP (02097.HK) rose 9.05%, doubling its stock price within a week of listing; Nio (09866.HK) rose 8.66%; Baidu (09888.HK) fell 1.03%; Zijin Mining (02899.HK) fell 4.46%