--- title: "Hong Kong stock market's first trading day of the Year of the Horse: Hang Seng Index opened down 0.18%, Hang Seng TECH Index opened nearly 0.7% lower" description: "On the first trading day of the Year of the Horse for Hong Kong stocks, the Hang Seng Index opened down 0.18%, and the Hang Seng TECH Index opened nearly 0.7% lower. BILIBILI-W fell nearly 4%, while A" type: "news" locale: "en" url: "https://longbridge.com/en/news/276399950.md" published_at: "2026-02-20T01:29:50.000Z" --- # Hong Kong stock market's first trading day of the Year of the Horse: Hang Seng Index opened down 0.18%, Hang Seng TECH Index opened nearly 0.7% lower > On the first trading day of the Year of the Horse for Hong Kong stocks, the Hang Seng Index opened down 0.18%, and the Hang Seng TECH Index opened nearly 0.7% lower. BILIBILI-W fell nearly 4%, while Alibaba and Baidu Group both dropped about 3%. LAOPU GOLD rose nearly 1%, and the company will adjust product prices on February 28. The market has risks, and investment should be cautious The Hang Seng Index opened down 0.18%, and the Hang Seng TECH Index fell 0.69%. BILIBILI-W dropped nearly 4%, while Alibaba and Baidu both fell around 3%. 9:24 LAOPU GOLD rose nearly 1%, and the company will adjust product prices on February 28. Risk warning and disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk ### Related Stocks - [KBAB.US - KraneShares 2x Long BABA Daily ETF](https://longbridge.com/en/quote/KBAB.US.md) - [518880.CN - Huaan Yifu Gold ETF](https://longbridge.com/en/quote/518880.CN.md) - [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md) - [09626.HK - BILIBILI-W](https://longbridge.com/en/quote/09626.HK.md) - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [06181.HK - LAOPU GOLD](https://longbridge.com/en/quote/06181.HK.md) - [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md) - [BIDU.US - Baidu](https://longbridge.com/en/quote/BIDU.US.md) - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 恒指低开 1.97%,恒生科技指数跌 2.42% | 百度、金蝶国际跌超 4%。阿里巴巴、快手、哔哩哔哩、华虹半导体等跌超 3%。风险提示及免责条款 市场有风险,投资需谨慎。本文不构成个人投资建议,也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合 | [Link](https://longbridge.com/en/news/275055510.md) | | 高盛眼中的 2026 年中国互联网:AI 超级入口争夺战全面打响,三大主题锁定阿尔法机会 | 高盛认为,字节跳动在 AI、电商与本地服务的全面突破,正倒逼阿里、腾讯等巨头加码 To-C AI,围绕 “AI 超级入口” 展开正面竞争,同时死守核心市场。行业逻辑由普涨转向分化,盈利交付、AI 应用与出海以及股东回报成为新主线。估值仍具优 | [Link](https://longbridge.com/en/news/272977526.md) | | 阿里巴巴股票在第三季度财报发布前的预测——以下是可以预期的内容 | 电子商务巨头阿里巴巴(BABA)即将公布 2026 财年第三季度的业绩,分析师预计每股收益为 1.68 美元,收入为 420 亿美元,同比增长 8%。该股票在 2025 年上涨超过 24%,主要受益于人工智能服务和云计算的增长,但面临来自竞 | [Link](https://longbridge.com/en/news/276325421.md) | | PNC 金融服务集团公司收购了阿里巴巴集团控股有限公司 3,223 股股票 $BABA | PNC 金融服务集团在第三季度将其在阿里巴巴集团的持股比例增加了 7.1%,额外购买了 3,223 股,总持股量达到 48,759 股,价值 870 万美元。其他投资者也调整了在阿里巴巴的持仓。该股票开盘价为 155.91 美元,过去一年的 | [Link](https://longbridge.com/en/news/276318339.md) | | 阿里巴巴 (BABA) 升级了 Qwen AI 模型,中国的科技巨头正在争夺用户 | 阿里巴巴已将其人工智能模型升级至 Qwen3.5,增强了其在文本、图像和视频处理方面的能力。这一举措是在中国人工智能行业竞争加剧的背景下进行的,百度和腾讯等竞争对手也推出了升级。阿里巴巴正在大力投资于人工智能和云系统,扩展其 Qwen 应用 | [Link](https://longbridge.com/en/news/276055492.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.