HKEX Today: Hang Seng slips 0.7% as CNGR Advanced Material lists; Southbound flows favor Tracker Fund & Alibaba — November 17, 2025
The Hang Seng Index fell 0.71% to 26,384 on Monday as profit-taking and geopolitical concerns weighed on sentiment. CNGR Advanced Material debuted at HK$34 per share, raising about HK$3.4bn, while Sichuan Biokin postponed its IPO. Southbound investors concentrated on major ETFs and tech stocks. Short selling rose to 23.1% of eligible turnover, up from 17% in the previous session.