Hong Kong stocks close: Hang Seng Index down 0.88%, Hang Seng Tech Index down 2.48%

People’s Financial News, March 20 — Hong Kong stocks closed lower, with the Hang Seng Index down 0.88% and the Hang Seng Tech Index down 2.48%. Southbound funds net sold over HKD 21 billion. Technology stocks generally declined, with Xiaomi Group down over 8% and Alibaba down over 6%. The photovoltaic solar panel sector strengthened, with Junda Co. closing up 1% and briefly rising over 16% during the session; lithium battery stocks rose against the trend, with CATL up over 8%.

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