The Half-Day Report: The Hang Seng Index fell by 535 points; the Hang Seng TECH Index dropped by 173 points. Alibaba fell by over 4%, and Meituan fell by over 3%

The Hang Seng Index closed at 25,300 points, down 535 points or 2.1%. The Hang Seng TECH Index reported 5,401 points, down 173 points or 3.1%. The National Index fell 195 points or 2.1%, closing at 8,947 points.

Performance of active heavyweight stocks:

Alibaba (09988.HK) closed at HKD 148.5, down 4.1%;

Meituan (03690.HK) closed at HKD 95.45, down 3.1%;

Ping An (02318.HK) closed at HKD 56.9, down 2.3%;

Hong Kong Stock Exchange (00388.HK) closed at HKD 409.8, down 1.9%;

Tencent (00700.HK) closed at HKD 611, down 1.6%;

Xiaomi Group (01810.HK) closed at HKD 37.4, down 0.8%;

Notable movements in Hang Seng Index and National Index constituent stocks:

Link REIT (00823.HK) closed at HKD 35.96, down 7.3%;

JD Health (06618.HK) closed at HKD 63.1, down 7.2%;

Baidu Group - SW (09888.HK) closed at HKD 106.4, down 6.6%;

Xinyi Solar (00968.HK) closed at HKD 3.24, down 6.4%;

WuXi Biologics (02269.HK) closed at HKD 30.46, down 5.4%;

SMIC (00981.HK) closed at HKD 69.6, down 5.3%;

Sands (01928.HK) closed at HKD 19.26, down 5%;

Alibaba Health (00241.HK) closed at HKD 5.55, down 4.8%;

CSPC Pharmaceutical (01093.HK) closed at HKD 7.38, down 4.4%;

BeiGene (06160.HK) closed at HKD 206.6, down 4.4%;

WuXi AppTec (02359.HK) closed at HKD 102.1, down 4%;

China National Pharmaceutical Group (01177.HK) closed at HKD 6.76, down 3.8%;

Pop Mart (09992.HK) closed at HKD 193.8, down 3.8%;

China Hongqiao (01378.HK) closed at HKD 29.56, down 3.7%;

New Oriental (09901.HK) closed at HKD 39.54, down 3.6%;

XPeng (09868.HK) closed at HKD 79.05, down 3.4%;

Longfor (00960.HK) closed at HKD 10.09, up 3.4%;

BYD Electronics (00285.HK) closed at HKD 31.66, down 3.3%;

Galaxy Entertainment (00027.HK) closed at HKD 38.72, down 3.2%;

Hysan Development (00101.HK) closed at HKD 8.81, down 3.2%; Volatility in small and mid-cap stocks:

Ganfeng Lithium (01772.HK) closed at HKD 52.2, down 10.2%;

Huiju Technology (01729.HK) closed at HKD 13.26, down 10.2%;