--- title: "The Hang Seng Index closed down 1.18%, and the Hang Seng Tech Index fell 0.74%" description: "EAST BUY fell about 11%, Nio fell 6%, Alibaba fell 2.57%, Bilibili fell 3.54%. The net inflow of southbound funds was approximately 16.6 billion yuan" type: "news" locale: "en" url: "https://longbridge.com/en/news/254571509.md" published_at: "2025-08-26T08:10:28.000Z" --- # The Hang Seng Index closed down 1.18%, and the Hang Seng Tech Index fell 0.74% > EAST BUY fell about 11%, Nio fell 6%, Alibaba fell 2.57%, Bilibili fell 3.54%. The net inflow of southbound funds was approximately 16.6 billion yuan EAST BUY fell about 11%, Nio fell 6%, Alibaba fell 2.57%, Bilibili fell 3.54%. The net inflow of southbound funds was approximately 16.6 billion yuan ### Related Stocks - [01797.HK - EAST BUY](https://longbridge.com/en/quote/01797.HK.md) - [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md) - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [BILI.US - Bilibili](https://longbridge.com/en/quote/BILI.US.md) - [09626.HK - BILIBILI-W](https://longbridge.com/en/quote/09626.HK.md) - [NIO.SG - NIO Inc. USD OV](https://longbridge.com/en/quote/NIO.SG.md) - [NIO.US - NIO Inc](https://longbridge.com/en/quote/NIO.US.md) - [09866.HK - NIO-SW](https://longbridge.com/en/quote/09866.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | PNC Financial Services Group Inc. Acquires 3,223 Shares of Alibaba Group Holding Limited $BABA | PNC Financial Services Group Inc. increased its stake in Alibaba Group Holding Limited by 7.1% in Q3, acquiring an addit | [Link](https://longbridge.com/en/news/276318339.md) | | Alibaba Stock Forecast Ahead of Q3 Earnings – Here's What to Expect | E-commerce giant Alibaba (BABA) is set to report fiscal Q3 2026 results soon, with analysts expecting earnings of $1.68 | [Link](https://longbridge.com/en/news/276325421.md) | | CICC Reaffirms Their Buy Rating on NIO Inc. Class A (9866) | CICC analyst maintained a Buy rating on NIO Inc. Class A yesterday and set a price target of HK$50.00.Valentine's Day Sa | [Link](https://longbridge.com/en/news/275967598.md) | | Alibaba unveils new Qwen3.5 model for 'agentic AI era' | Alibaba has launched its new AI model, Qwen 3.5, which is designed for independent task execution and boasts significant | [Link](https://longbridge.com/en/news/276045126.md) | | Alibaba (BABA) Upgrades Qwen AI Model as China's Tech Giants Battle for Users | Alibaba has upgraded its AI model to Qwen3.5, enhancing its capabilities in text, image, and video processing. This move | [Link](https://longbridge.com/en/news/276055492.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.