Hong Kong Stocks Open Higher on July 17, Semiconductor Sector Slides

HK50-1.02%
SMIC-5.18%
On July 17, the Hang Seng Index opened 0.06% higher, while the Hang Seng Tech Index fell 0.05%. The semiconductor sector weakened, with Luokung Technology, Giga-tronics, and Huahong Semiconductor each declining over 2%, and SMIC falling over 1%.
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