---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265620334.md"
description: "The Hang Seng Index opened down 0.52%, and the Hang Seng Tech Index fell 0.82%. Tencent Music dropped 6%, JD.com and KUAISHOU fell over 2%, and Alibaba declined 1.85%"
datetime: "2025-11-13T01:21:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265620334.md)
  - [en](https://longbridge.com/en/news/265620334.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265620334.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265620334.md) | [繁體中文](https://longbridge.com/zh-HK/news/265620334.md)


# 

The Hang Seng Index opened down 0.52%, and the Hang Seng Tech Index fell 0.82%. Tencent Music dropped 6%, JD.com and KUAISHOU fell over 2%, and Alibaba declined 1.85%

### Related Stocks

- [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md)
- [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md)
- [Tencent Music Entertainment Group (TME.US)](https://longbridge.com/en/quote/TME.US.md)
- [TME-SW (01698.HK)](https://longbridge.com/en/quote/01698.HK.md)
- [JD.com, Inc. (JD.US)](https://longbridge.com/en/quote/JD.US.md)
- [JD-SW (09618.HK)](https://longbridge.com/en/quote/09618.HK.md)
- [KUAISHOU-W (01024.HK)](https://longbridge.com/en/quote/01024.HK.md)

## Related News & Research

- [Orient Securities Keeps Their Buy Rating on Tencent Music Entertainment Group Class A (1698)](https://longbridge.com/en/news/280960163.md)
- [Universal Music Group (ENXTAM:UMG) Valuation Check As €500 Million Share Buyback Signals Long Term Confidence](https://longbridge.com/en/news/281255171.md)
- [JD.com Plans Offshore CNY Bond Offering to Refinance Debt](https://longbridge.com/en/news/281116889.md)
- [10:17 ETSales of Jay Chou's "Children of the Sun" have exceeded 100 million RMB, as Tencent Music Entertainment Group Drives Global Rollout](https://longbridge.com/en/news/280880602.md)
- [A Look At Tencent Music (TME) Valuation After Recent Share Price Weakness](https://longbridge.com/en/news/279854001.md)