The Hang Seng Technology Index fell more than 3% to 3874.870 points. The Hang Seng Index is now down 1.86%. Alibaba fell more than 4%, while Ideal Auto and Xiaopeng Group fell more than 3%.

The Hang Seng Technology Index fell more than 3% to 3874.870 points. The Hang Seng Index is now down 1.86%. Alibaba fell more than 4%, while Ideal Auto and Xiaopeng Group fell more than 3%.