Hong Kong stocks saw a sharp decline, with the Hang Seng Tech Index falling more than 3%, the Hang Seng Index down 1.44%, Xiaomi Group (01810.HK) down more than 8%, Alibaba (09988.HK) down more than 7%, and XPeng Motors (09868.HK) and SMIC (00981.HK)

2026-03-20

Hong Kong stocks saw a sharp decline, with the Hang Seng Tech Index falling more than 3%, the Hang Seng Index down 1.44%, Xiaomi Group (01810.HK) down more than 8%, Alibaba (09988.HK) down more than 7%, and XPeng Motors (09868.HK) and SMIC (00981.HK) both down more than 5%.