Hong Kong stocks pared losses on Friday. The Hang Seng Index fell 1.5%, while the Hang Seng Technology Index dropped 1.1%.
In terms of star stocks, NIO rose 5%; Li Auto rose 3%; CATL rose 2%; Tencent, XPeng, and Baidu fell 1%; Meituan and JD.com fell 2%; Alibaba fell 3%.
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