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HK Stocks Extend Declines. HSTECH Falls 2.4%; MiniMax Tumbles 15%; 2x Leveraged ETFs Related to Samsung and SK Hynix Plunge 13%; Alibaba, Tencent Drop over 3%

Tiger Newspress11:17

Hong Kong stocks continued to drop on Tuesday. The Hang Seng Index fell 1.36%; The Hang Seng China Enterprises Index fell 1.46%, while the Hang Seng Tech Index fell 2.35%.

2x leveraged ETFs related to Samsung and SK Hynix tumble over 13%; AI-related stocks fall with MiniMax down 15%; Knowledge Atlas down 11%; Alibaba, Tencent down over 3%.

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