Gate News message, April 22 — Hong Kong stocks declined at midday trading on April 22. The Hang Seng Index (Hong Kong’s primary stock benchmark) fell 1.31%, while the Hang Seng Tech Index (tracking Hong Kong-listed technology companies) dropped 2.19%.
AI-related concept stocks weakened across the board, with Paradigm AI down over 12%, Kingsoft Cloud down over 3%, and Glodon down over 1%.
Major tech and internet stocks also retreated, with Alibaba down over 3%, Tencent Holdings, Baidu Group, and JD.com each falling over 2%.
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