Hong Kong Stocks Open Lower; MiniMax Sinks 8%; Alibaba Drops 2%; Tencent Falls 1%

Market Watcher

03/02

Hong Kong stocks opened lower on Monday. The Hang Seng Index fell 1.22%, while the Hang Seng Tech Index dropped 1.78%.

In terms of star stocks, MiniMax fell 8%; Knowledge Atlas and NIO fell 4%; Pop Mart, XPeng, and Baidu fell 3%; Alibaba, SMIC, BYD, Xiaomi, Bilibili, Meituan, and Kuaishou fell 2%; Li Auto, JD.com, and Tencent fell 1%; while Laopu Gold rose 4%.

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