HK Stocks Extend Losses; HSTECH down 1.7%; Meituan, NetEase, Bilibili down 4%; Tencent down 3%; Alibaba, Pop Mart down 2%

Market Watcher

3 hours ago

HK stocks fell on Thursday after Beijing’s market regulator summoned major online platforms for talks over irregularities in the online sale of train tickets ahead of Lunar New Year, triggering losses among technology heavyweights.

The Hang Seng Index decreased 0.9%, while the Hang Seng Tech Index dropped 1.7%.

In terms of star stocks, Meituan, NetEase, Bilibili down 4%; Tencent down 3%; Alibaba, Pop Mart down 2%; Knowledge Atlas up 28%; MiniMax up 18%; GigaDevice up 10%.

The losses in major tech firms came as Beijing’s regulator convened 12 leading platforms involved in online train ticket sales – including Trip.com, Meituan, JD.com, Didi, Tencent and several mapping service providers – in response to public complaints over add-on charges and misleading booking practices, according to state broadcaster CCTV.

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Tencent down 3%; Alibaba, Pop Mart down 2%; Knowledge Atlas up 28%; MiniMax up 18%; GigaDevice up 10%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee20d9268aa39830fa92829dde5d92dc\" tg-width=\"372\" tg-height=\"632\"/></p><p></p><p>The losses in major tech firms came as Beijing’s regulator convened 12 leading platforms involved in online train ticket sales – including Trip.com, Meituan, JD.com, Didi, Tencent and several mapping service providers – in response to public complaints over add-on charges and misleading booking practices, according to state broadcaster CCTV.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSI","symbol_name":"恒生指数","start_time":0,"source_url":"","article_id":"1180444316","we_media_id":"1027265475","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180444316","pubTimestamp":1770867547,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Watcher","introduction":"stay tuned on realtime market movements","home_visible":1,"id":"1027265475","head_image":"https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72"},"summary":"Hong Kong stocks opened lower on Thursday. The Hang Seng Index decreased 0.20%, while the Hang Seng Tech Index dropped 0.47%.In terms of star stocks, Meituan fell 3%; Tencent and Baidu fell 2%; NetEase, Alibaba, and Bilibili fell 1%; while CATL and Pop Mart rose 2%; SMIC rose 1%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSI":"恒生指数","HSTECH":"恒生科技指数","HSCEI":"国企指数"},"translate_title":"港股扩大跌幅；HSTECH下跌1.7%；美团-W、网易、哔哩哔哩跌4%；腾讯控股下跌3%；阿里巴巴-SW、泡泡玛特下跌2%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSTECH":1,"HSI":1,"HSCEI":1},"content_text":"HK stocks fell on Thursday after Beijing’s market regulator summoned major online platforms for talks over irregularities in the online sale of train tickets ahead of Lunar New Year, triggering losses among technology heavyweights.The Hang Seng Index decreased 0.9%, while the Hang Seng Tech Index dropped 1.7%.In terms of star stocks, Meituan, NetEase, Bilibili down 4%; Tencent down 3%; Alibaba, Pop Mart down 2%; Knowledge Atlas up 28%; MiniMax up 18%; GigaDevice up 10%.The losses in major tech firms came as Beijing’s regulator convened 12 leading platforms involved in online train ticket sales – including Trip.com, Meituan, JD.com, Didi, Tencent and several mapping service providers – in response to public complaints over add-on charges and misleading booking practices, according to state broadcaster CCTV.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}