[Hong Kong Hang Seng Tech Index Closes Down 3.04%, Tencent Holdings Drops Over 7%] According to Jinse Finance, on July 22, the Hong Kong Hang Seng Index closed down 0.95%, and the Hang Seng Tech Index closed down 3.04%. The gold sector surged, with Lingbao Gold rising over 15%, Chifeng Gold rising over 15%, Zijin International Gold rising over 9%, and Lao Feng Xiang Gold rising over 6%. Major tech stocks declined, with NetEase dropping over 7%, Tencent Holdings dropping over 7%, and Alibaba falling nearly 3%.