The three primary Hong Kong stock indices commenced trading in the red on Tuesday, with the Hang Seng Tech Index erasing earlier gains to turn lower.
Among the key constituents of the technology benchmark, Trip.com Group Limited led the declines, falling more than 6%. Shares of Meituan and SenseTime dropped over 2%, while Alibaba Group Holding Limited, Xiaomi Corporation, Baidu, Inc., and Li Auto Inc. all registered losses exceeding 1%.