Hong Kong internet stocks slid: Alibaba (09988.HK) and Kuaishou (01024.HK) dropped over 3pct, Tencent Holdings (00700.HK) and Meituan (03690.HK) fell more than 2pct; Baidu (09888.HK), JD.com (09618.HK) and NetEase (09999.HK) also declined.

2026-07-24

Hong Kong internet stocks slid: Alibaba (09988.HK) and Kuaishou (01024.HK) dropped over 3pct, Tencent Holdings (00700.HK) and Meituan (03690.HK) fell more than 2pct; Baidu (09888.HK), JD.com (09618.HK) and NetEase (09999.HK) also declined.