Hong Kong Stocks Plunge; NIO Down 8%, BYD And SMIC Down 7%, XPeng Down 6%, Xiaomi, Alibaba And CKH Holdings Down 3%

Market Express03-21

On Friday, March 21, the Hong Kong stock market experienced significant declines. The Hang Seng Index (HSI) fell by 2.19%, the Hang Seng Tech Index (HSTECH) decreased by 3.37%.

The market saw broad declines across various industry sectors. Notably, the technology sector was hit hard, with the Hang Seng Tech Index losing over 3% and falling below its 20-day and 30-day moving averages. This was driven by investor concerns over earnings reports and external uncertainties, leading to a sell-off.

Among individual stocks, BYD Company saw a significant drop of 7.69%. NIO-SW also faced a sharp decline, falling by 8.77%. Other notable declines included SMIC, which fell by 7.49%, and XPeng down 6%, Kuaishou dropped by 5.35%. Xiaomi, Alibaba and CKH holdings down 3%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1169233420?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-21 16:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1169233420","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Plunge; NIO Down 8%, BYD And SMIC Down 7%, XPeng Down 6%, Xiaomi, Alibaba And CKH Holdings Down 3%","media":"Market Express","content":"<html><head></head><body><p>On Friday, March 21, the Hong Kong stock market experienced significant declines. The Hang Seng Index (HSI) fell by 2.19%, the Hang Seng Tech Index (HSTECH) decreased by 3.37%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/23544756a3c8e410dee46cea4911e874\" tg-width=\"395\" tg-height=\"663\"/></p><p>The market saw broad declines across various industry sectors. Notably, the technology sector was hit hard, with the Hang Seng Tech Index losing over 3% and falling below its 20-day and 30-day moving averages. This was driven by investor concerns over earnings reports and external uncertainties, leading to a sell-off.</p><p>Among individual stocks, BYD Company saw a significant drop of 7.69%. NIO-SW also faced a sharp decline, falling by 8.77%. Other notable declines included SMIC, which fell by 7.49%, and XPeng down 6%, Kuaishou dropped by 5.35%. Xiaomi, Alibaba and CKH holdings down 3%.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Plunge; NIO Down 8%, BYD And SMIC Down 7%, XPeng Down 6%, Xiaomi, Alibaba And CKH Holdings Down 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Plunge; NIO Down 8%, BYD And SMIC Down 7%, XPeng Down 6%, Xiaomi, Alibaba And CKH Holdings Down 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1013574705\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/62c52fdf98c214c132dba6a6fedad4d6);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Express </p>\n<p class=\"h-time\">2025-03-21 16:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>On Friday, March 21, the Hong Kong stock market experienced significant declines. The Hang Seng Index (HSI) fell by 2.19%, the Hang Seng Tech Index (HSTECH) decreased by 3.37%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/23544756a3c8e410dee46cea4911e874\" tg-width=\"395\" tg-height=\"663\"/></p><p>The market saw broad declines across various industry sectors. Notably, the technology sector was hit hard, with the Hang Seng Tech Index losing over 3% and falling below its 20-day and 30-day moving averages. This was driven by investor concerns over earnings reports and external uncertainties, leading to a sell-off.</p><p>Among individual stocks, BYD Company saw a significant drop of 7.69%. NIO-SW also faced a sharp decline, falling by 8.77%. Other notable declines included SMIC, which fell by 7.49%, and XPeng down 6%, Kuaishou dropped by 5.35%. Xiaomi, Alibaba and CKH holdings down 3%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSI","symbol_name":"恒生指数","start_time":0,"source_url":"","article_id":"1169233420","we_media_id":"1013574705","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169233420","pubTimestamp":1742545071,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Express","introduction":"Market Express","home_visible":1,"id":"1013574705","head_image":"https://community-static.tradeup.com/news/62c52fdf98c214c132dba6a6fedad4d6"},"summary":"On Friday, March 21, the Hong Kong stock market experienced significant declines. The Hang Seng Index  fell by 2.19%, the Hang Seng Tech Index  decreased by 3.37%.The market saw broad declines across various industry sectors. Notably, the technology sector was hit hard, with the Hang Seng Tech Index losing over 3% and falling below its 20-day and 30-day moving averages. This was driven by investor concerns over earnings reports and external uncertainties, leading to a sell-off.Among individual s","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSI":"恒生指数","HSTECH":"恒生科技指数","HSCEI":"国企指数"},"translate_title":"港股暴跌；蔚来跌8%，比亚迪、中芯国际跌7%，小鹏汽车跌6%，小米、阿里巴巴-SW、长和跌3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSCEI":1,"HSI":1,"HSTECH":1},"content_text":"On Friday, March 21, the Hong Kong stock market experienced significant declines. The Hang Seng Index (HSI) fell by 2.19%, the Hang Seng Tech Index (HSTECH) decreased by 3.37%.The market saw broad declines across various industry sectors. Notably, the technology sector was hit hard, with the Hang Seng Tech Index losing over 3% and falling below its 20-day and 30-day moving averages. This was driven by investor concerns over earnings reports and external uncertainties, leading to a sell-off.Among individual stocks, BYD Company saw a significant drop of 7.69%. NIO-SW also faced a sharp decline, falling by 8.77%. Other notable declines included SMIC, which fell by 7.49%, and XPeng down 6%, Kuaishou dropped by 5.35%. Xiaomi, Alibaba and CKH holdings down 3%.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.33.2","shortVersion":"4.33.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1169233420"}