Hong Kong stocks continued their decline, with the Hang Seng Tech Index falling over 3% in the afternoon session and the Hang Seng Index dropping nearly 2%. Among the constituents of the Tech Index, Bilibili Inc. (BILIBILI-W) saw a decline of more than 9%, Hua Hong Semiconductor fell close to 8%, while Lenovo and Alibaba each dropped over 4%. Meituan, Baidu, and Xiaomi also recorded losses exceeding 3%.