Hong Kong stocks continued to drop on Tuesday. The Hang Seng Index fell 1.36%; The Hang Seng China Enterprises Index fell 1.46%, while the Hang Seng Tech Index fell 2.35%.
2x leveraged ETFs related to Samsung and SK Hynix tumble over 13%; AI-related stocks fall with MiniMax down 15%; Knowledge Atlas down 11%; Alibaba, Tencent down over 3%.