Hong Kong Stocks Sink With Tencent Down 6%, Alibaba Down 4%

Market Express10:53

Hong Kong stocks sank on Tuesday. The Hang Seng Index fell 1.1%, while the Hang Seng Tech Index dropped 3.2%.

In terms of star stocks, Kuaishou and Bilibili fell 7%; Baidu and Tencent fell 6%; Alibaba and Meituan fell 4%; XPeng, SMIC, and NIO fell 3%; BYD, JD.com, and Xiaomi fell 2%.

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