Hong Kong Stocks Extended Losses; Li Auto Plunged 14%; Leapmotor Dropped 11%; Laekna Down 9%; Innoscience, Weride And Horizonrobot Down 6%; Pony Down 5%; NIO Declined 3%
Hong Kong stocks opened lower on Monday. The Hang Seng Index down 0.5%, while the Hang Seng Tech Index down 0.9%.GigaDevice up 11%; Xiaomi up 1%; Li Auto down 4%; JD.com down 3%; Kuaishou down 2%; Alibaba, Nio, XPeng, BYD down 1%.