Hong Kong-listed tech stocks fluctuated and declined, with NetEase-S (09999.HK) and Tencent Holdings (00700.HK) both falling by more than 7%, Kuaishou (01024.HK) falling by more than 6%, Bilibili (09626.HK) falling by more than 5%, and other stocks such as Beike (02423.HK), Xiaomi Group (01810.HK), Alibaba (09988.HK), and Baidu (09888.HK) following suit.