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The cryptocurrency sector was sluggish on the first trading day of the Year of the Snake in Hong Kong stocks, and the AI concept sector was higher throughout the day."

According to online reports, Hong Kong stocks were mixed on the first trading day of the Year of the Snake. In the afternoon, driven by technology stocks, the Hang Seng Index and the Hang Seng Index both bottomed out and rebounded. At the close, the Hang Seng Index's decline narrowed to 0.04%, and the Hang Seng Technology Index closed up 0.29%. Specifically, semiconductors, chips, AI concepts and other sectors rose throughout the day. Jinshan Cloud performed well, rising 31% during the day. SMIC closed up 10%, and Alibaba rose 6%; cryptocurrency, medicine and medical sectors continued to be depressed in the afternoon. (Jin Shi)

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