Chinese Game Stocks Lead Hong Kong Lower

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Chinese Game Stocks Lead Hong Kong Lower

Dow Jones17:08

0908 GMT - Chinese game stocks led losses in Hong Kong as investors' attention returned to AI hardware companies. Semiconductor shares extended their global rebound after last week's severe selloff. Tencent Holdings fell 7.05% and NetEase declined 7.4%, both notching their biggest one-day percentage drop in more than a year. Bilibili gave up 4.9%. For Tencent, its valuation has been depressed in recent months amid concerns about a lack of new blockbuster games and higher expenses related to AI investments. However, Bernstein analysts still expect Tencent to outperform its gaming peers. The benchmark Hang Seng Index ended 0.95% lower at 24892.66; the Hang Seng Tech Index fell 3.0%. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

July 22, 2026 05:08 ET (09:08 GMT)

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However, Bernstein analysts still expect Tencent to outperform its gaming peers. The benchmark <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Index ended 0.95% lower at 24892.66; the Hang Seng Tech Index fell 3.0%. 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Semiconductor shares extended their global rebound after last week's severe selloff. Tencent Holdings fell 7.05% and NetEase declined 7.4%, both notching their biggest one-day percentage drop in more than a year. Bilibili gave up 4.9%. For Tencent, its valuation has been depressed in recent months amid concerns about a lack of new blockbuster games and higher expenses related to AI investments. However, Bernstein analysts still expect Tencent to outperform its gaming peers. The benchmark <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Index ended 0.95% lower at 24892.66; the Hang Seng Tech Index fell 3.0%. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 05:08 ET (09:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1956131251.USD","symbol_name":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\"MD (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653755516","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653755516","pubTimestamp":1784711280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0908 GMT - Chinese game stocks led losses in Hong Kong as investors' attention returned to AI hardware companies. 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Semiconductor shares extended their global rebound after last week's severe selloff. Tencent Holdings fell 7.05% and NetEase declined 7.4%, both notching their biggest one-day percentage drop in more than a year. Bilibili gave up 4.9%. For Tencent, its valuation has been depressed in recent months amid concerns about a lack of new blockbuster games and higher expenses related to AI investments. However, Bernstein analysts still expect Tencent to outperform its gaming peers. The benchmark Hang Seng Index ended 0.95% lower at 24892.66; the Hang Seng Tech Index fell 3.0%. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 22, 2026 05:08 ET (09:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}