Despite a global shortage of memory chips, chip stocks on Wall Street continued to face pressure overnight. Sandisk (US.SNDK) plunged 6%, Micron Technology (US.MU) fell 3.9%, Intel (US.INTC) dropped 3.2%, NVIDIA (US.NVDA) declined 1.3%; Cisco (US.CSCO) fell 2.6%, the largest decliner among Dow Jones components.
Currently, the Hang Seng Index stands at 24,172, down 99 points or 0.4%, with turnover on the main board nearing HK$2.5 billion. The Hang Seng China Enterprises Index is at 8,136, down 32 points or 0.4%. The Hang Seng Tech Index is at 4,129, down 39 points or 1%.