This afternoon, the decline in the Hang Seng Technology Index suddenly increased, and the decline in Hong Kong's Hang Seng Index widened to 2%. At one point, the Hang Seng Technology Index fell more than 2.5%. Alibaba, Tencent Holdings, JD, and Meituan all increased their declines, and corresponding subscription certificates plummeted across the board. In the afternoon, a piece of information “involving the tax determination of relevant high-tech companies” was circulating among brokerage researchers, causing market fluctuations. Although this rumor has yet to receive official endorsement, the market has begun to price it. However, the market often prices such events on a one-off basis, and the corresponding factors are also variable. If things were to reverse, it would inevitably trigger a major counterattack. Some brokerage researchers said that they are only becoming stricter, not one-size-fits-all.

This afternoon, the decline in the Hang Seng Technology Index suddenly increased, and the decline in Hong Kong's Hang Seng Index widened to 2%. At one point, the Hang Seng Technology Index fell more than 2.5%. Alibaba, Tencent Holdings, JD, and Meituan all increased their declines, and corresponding subscription certificates plummeted across the board. In the afternoon, a piece of information “involving the tax determination of relevant high-tech companies” was circulating among brokerage researchers, causing market fluctuations. Although this rumor has yet to receive official endorsement, the market has begun to price it. However, the market often prices such events on a one-off basis, and the corresponding factors are also variable. If things were to reverse, it would inevitably trigger a major counterattack. Some brokerage researchers said that they are only becoming stricter, not one-size-fits-all.