Hong Kong Hang Seng Index fell by 1.85%, while the Hang Seng Tech Index dropped by 2.82%.

The Hang Seng Index fell 1.85%, while the Hang Seng Tech Index dropped 2.82%. Major tech stocks experienced a general decline, with Baidu Group falling over 7%, JD Group falling over 6%, and Alibaba falling over 4%; the non-ferrous metal sector also experienced a decline, with Tianqi Lithium falling nearly 5% and Ganfeng Lithium falling over 3%; XPeng Motors fell over 6%, while Contemporary Amperex Technology fell over 4%.