Hong Kong-listed tech stocks declined, with NetEase-S (09999.HK) falling over 5%, Tencent Holdings (00700.HK) dropping nearly 5%, Bilibili (09626.HK) falling over 3%, and Xiaomi Group (01810.HK), Tencent Music (01698.HK), Kuaishou (01024.HK), Alibaba (09988.HK), Baidu (09888.HK), and other stocks following suit.