[Hang Seng Index Drops 1.07% in Early Trading, Testing the 26,500 Level] Hong Kong stocks continued to weaken after the holiday. The Hang Seng Index opened 57 points lower today and extended its losses, closing the morning session down 1.07% at 26,520 points, with a turnover of HK$106.59 billion. In terms of sectors, precious metals and non-ferrous metals stocks rose, while power equipment and automobile stocks rebounded. Cryptocurrency-related stocks, electronic components, and airline stocks declined. Individual stock performance was mixed: Changfeng Pharmaceutical surged over 181%, Geely Automobile and Lenovo Group rose nearly 3%; Longfor Group fell over 5.5%, SenseTime dropped over 4.5%, and Baidu, Alibaba, and Kingdee International all declined by about 3%.