HSI closes below 23,000-point mark

Hong Kong stocks pared some losses but still closed below the 23,000-point mark on Tuesday, albeit with gains in tech giants.

The benchmark Hang Seng Index retreated 145 points, or 0.63 percent, to 22, 881, with a full-day turnover of HK$308 billion.

The Hang Seng Tech Index went up 1.8 percent to 4,472 points. 

Lenovo (0992) outperformed the market, surging 8 percent.

Chipmakers SMIC (0981) and Hua Hong Semiconductor (1347) also lifted over 5 percent both.

Baidu (9888) jumped 5 percent, while Tencent (0700) advanced 2 percent.

In the mainland, the Shanghai Stock Exchange Composite Index increased 0.5 percent to 4,094 points, and the Shenzhen Stock Exchange Component Index rose by 2.48 percent to 16,205 points.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓