Hong Kong Stocks Drop With Z.AI Down 17%, Alibaba Down 3%

HK Opening Bell11:29

Hong Kong stocks dropped. The Hang Seng Index fell 0.3, while the Hang Seng Tech Index sank 1.5%. Z.AI fell 17%; SMIC fell 7%; Lenovo fell 6%; MiniMax fell 5%; XPeng and Alibaba fell 3%; NIO and Xiaomi fell 2%; Baidu and CATL fell 1%.

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