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The Hang Seng Index slipped less than 0.1 per cent to 23,202.53 on Wednesday. The Hang Seng Tech Index pared gain to 0.4 per cent while the Shanghai Composite Index added less than 0.1 per cent.
Xiaomi tumbled 4.2 per cent to HK$44.55 for a fifth straight day of losses, amid concerns about the safety of autonomous driving systems. China Hongqiao slipped 4.1 per cent to HK$15.40 while biotech firm WuXi Biologics retreated 2.1 per cent to HK$26.25 and hotpot restaurant chain Haidilao declined 2.2 per cent to HK$17.48.
Limiting losses, Geely Auto advanced 4.7 per cent to HK$17.40, Sunny Optical gained 2.8 per cent to HK$74.60 and bourse operator Hong Kong Exchanges & Clearing rose 1.7 per cent to HK$353.80.
Worries about a prolonged and bitter US-China trade war have kept risk appetite at bay since Trump began his second term in the White House with promises to slap tariffs on foreign goods from oil to cars. The Hang Seng Index has lost almost 6 per cent since hitting a 14-month high on March 19.
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