Xinhua News Agency, May 25, the two major indexes of Hong Kong stocks fell in early trading. Hong Kong's Hang Seng Index fell 2.06%, and the Hang Seng Technology Index fell 2.47%. In terms of plates, energy-saving lighting, industrial 4.0, OLED, integrated die-casting and other sectors led the increase; automotive, pharmaceutical, beverage, air freight and logistics, rare earth permanent magnets, new energy vehicles, Ningde era concept, K12 education, CXO concept, AIGC concept and other industries or concept plates are in the doldrums. New energy vehicle stocks fell sharply, with Ulai and Xiaopeng falling more than 8%. Science and Internet stocks fell collectively, with bilibili down more than 5%, Meituan and JD.com down more than 4%, and Tencent and Ali down more than 3%. Sporting goods stocks fell, Li Ning fell by more than 4%, and Jobo fell by more than 3%.