Hong Kong stocks midday review: The Hang Seng Index fell by 0.92%, with technology stocks underperforming, semiconductors declining, while insurance stocks bucked the trend and rose.

In the morning session, the three major indexes of Hong Kong stocks collectively fell, with the Hang Seng Technology Index dropping nearly 2% intraday and closing down 1.79% at noon. The Hang Seng Index and the state-owned enterprise index fell by 0.92% and 1.2% respectively, with market sentiment relatively low. Weighted technology stocks collectively fell, putting pressure on the overall market. Biopharmaceutical stocks, semiconductor chip stocks, and copper industry stocks all experienced significant declines. In addition, due to favorable policies, consumer stocks and third-child concept stocks rose together. Institutions predict that new single premiums and NBV will achieve double-digit growth in the new year, with domestic insurance stocks collectively rising, led by New China Insurance.