Hong Kong stocks were mixed on the first trading day of the Year of the Snake. Driven by technology stocks in the afternoon, the Hang Seng Index and the Hang Seng Technology Index both bottomed out and rebounded. By the end of the day, the Hang Seng Index's decline narrowed to 0.04%, and the Hang Seng Technology Index rose 0.29% in late trading. Specifically, semiconductor, chip, AI concept and other sectors rose throughout the day. Kingsoft Cloud performed well, rising 31% during the day. SMIC closed up 10%. Alibaba rose 6%. Cryptocurrency, medical and other sectors continued to slump in the afternoon. (Jin Ten)