$BABA $MEITUAN $ZHIPU 📉

Hong Kong stocks opened lower, with the Hang Seng Index down 0.88% and the Hang Seng Tech Index slipping 1.11%.

Among Hang Seng Tech constituents:
🚀 Lenovo Group +3.09%
🚀 Huarong Hongli +2.79%
🚀 NIO-SW +2.64%
🔻 Alibaba-W -8.05%
🔻 Meituan-W -2.47%

Alibaba leads the downside as tech stocks face renewed selling pressure.