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Hang Seng Index falls 222 points by midday; Lenovo drops 5 per cent

Hong Kong shares traded lower by midday on 13 November, with the Hang Seng Index down 0.92 per cent. Lenovo was the worst-performing blue-chip stock, falling 5 per cent, while mainland markets showed mixed results.

Hang Seng Index falls 222 points by midday; Lenovo drops 5 per cent

Hong Kong shares traded lower by midday on Friday, with the benchmark Hang Seng Index edging down 222 points, or 0.92 per cent, to 23,786 points. The half-day market turnover reached HK$93 billion.

The Hang Seng Tech Index fell 1.75 per cent to 3,863 points. Among blue-chip stocks, Lenovo (0992) declined 5 per cent, making it the worst performer, while Hua Hong Grace Semiconductor (1347) dropped 4.42 per cent.

On the mainland, the Shanghai Stock Exchange Composite Index rose 7 points, or 0.22 per cent, to 3,663 points. In contrast, the Shenzhen Stock Exchange Composite Index was down 0.56 per cent to 11,135 points.

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