Hong Kong internet stocks slid, led by Trip.com Group-S (09961.HK) down more than 9%; Alibaba (09988.HK) off about 5%; Baidu (09888.HK) and Xiaomi Group (01810.HK) down over 3%; JD.com (09618.HK) down nearly 3% and Meituan (03690.HK) down just over 2

2026-06-25

Hong Kong internet stocks slid, led by Trip.com Group-S (09961.HK) down more than 9%; Alibaba (09988.HK) off about 5%; Baidu (09888.HK) and Xiaomi Group (01810.HK) down over 3%; JD.com (09618.HK) down nearly 3% and Meituan (03690.HK) down just over 2%.