The Hang Seng Index opened down 0.82%, and the Hang Seng Tech Index fell 1.31%
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The Hang Seng Index opened down 0.82%, and the Hang Seng Tech Index fell 1.31%. Bilibili dropped over 4%, Tencent Music and HUA HONG SEMI fell over 3%, and Alibaba, KUAISHOU, SMIC, Meituan, and others dropped over 2%. Baidu rose over 2% and authorized the implementation of a stock repurchase plan totaling no more than USD 5 billion, with the first dividend expected to be announced in 2026
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