Hong Kong-listed tech stocks declined, with Alibaba (09988.HK) and Kuaishou (01024.HK) both falling more than 3%, Tencent Holdings (00700.HK) and Meituan (03690.HK) both falling more than 2%, and Baidu (09888.HK), JD.com (09618.HK), NetEase (09999.HK) and other stocks following suit.