HK Stocks Close Lower. HSTECH Falls 1.8%; Pop Mart, Kuaishou Down About 6%; NIO Down 5%; Alibaba, Mixue Group, Bilibili Down Around 3%; Xiaomi, JD, SMIC Down 2%
Hong Kong stocks continue to fall on Friday. The Hang Seng Index (HSI) fell by 1%, the Hang Seng Tech Index (HSTECH) dropped by 1.93%.Kuaishou, NIO down about 5%; Bilibili down 4%; Xiaomi, Hua Hong Semi down nearly 3%; Alibaba, JD, Meituan down over 2%.