The Hang Seng Index fell 0.37% or 90 points during the morning session to 24,403 points, while the Hang Seng Tech Index gained 0.17%. Morning turnover on the Hong Kong market reached HK$1.455 trillion.
China National Building Material (03323) surged over 16%, with its subsidiaries China Jushi and Sinoma Science & Technology seen as major beneficiaries of tight electronic fabric supply.
SENASIC (06675), touted as the first listed company for Physical AI edge-side wireless smart chips, debuted with a morning surge exceeding 118%.
Kingboard Holdings (00148) and KB Laminates (01888) hit fresh highs following Kingboard's fifth price hike this year. Kingboard Holdings (00148) rose 16%.
Art Group Hold (00565) gained over 5% after its subsidiary invested in a large-scale data center project in Busan and provided a loan.
MINIMAX-WP (00100) climbed more than 7% after its MiniMax M3 was recently integrated into Alipay's Token Pay.
Kuaishou-W (01024) advanced over 5% amid reports that General Atlantic is in talks to lead the first funding round for Kling AI.
Gigadevice (03986) rose more than 3% as the memory cycle continues its upward trend, with the company's products expected to see both volume and price increases.
China Lesso (02128) increased over 3% after forming a strategic partnership with Tianhuai Digital Intelligence to enter the AI computing power sector.
Minieye (02431) gained 5% upon signing a procurement agreement for a thousand-unit scale with an independent third-party enterprise, aiming to further expand its market share.
Cosco Ship Engy (01138) jumped over 6% as the reopening of the Strait, coupled with potential restocking demand, could reverse the oversupply in the oil shipping market.
Lopal Tech (02465) fell more than 4% after announcing a proposed share placement at a discount of approximately 8.91% to raise about HK$194 million net.
Oil and gas stocks retreated across the board following a sharp decline in international oil prices. JPMorgan suggested a potential U.S.-Iran peace deal could increase global crude supply.
Shandong Molong (00568) dropped 6.97%, while Anton Oilfield (03337) declined 4%.
Andre Juice (02218) reversed to a 9% loss after announcing plans to acquire control of Yongqiang Technology, marking a cross-sector move into integrated circuits.