--- title: "According to the Hong Kong Daily News, the Hang Seng Index fell by 384 points; the Hang Seng Tech Index dropped by 151 points. Ping An fell over 4%, Alibaba dropped over 3%. Cheung Kong, CLP, CK ASSET, Techtronic, and HSBC hit new highs with active trading" description: "The Hang Seng Index closed at 26,381 points, down 384 points or 1.4%. The Hang Seng Tech Index reported 5,109 points, down 151 points or 2.9%. The National Index fell 220 points or 2.4%, closing at 8," type: "news" locale: "en" url: "https://longbridge.com/en/news/277003861.md" published_at: "2026-02-26T08:12:02.000Z" --- # According to the Hong Kong Daily News, the Hang Seng Index fell by 384 points; the Hang Seng Tech Index dropped by 151 points. Ping An fell over 4%, Alibaba dropped over 3%. Cheung Kong, CLP, CK ASSET, Techtronic, and HSBC hit new highs with active trading > The Hang Seng Index closed at 26,381 points, down 384 points or 1.4%. The Hang Seng Tech Index reported 5,109 points, down 151 points or 2.9%. The National Index fell 220 points or 2.4%, closing at 8,814 points. The total market turnover was HKD 259.277 billion. Ping An fell 4.6%, and Alibaba dropped 3.6%. Cheung Kong Infrastructure, CLP Holdings, CK ASSET, Techtronic Industries, and HSBC reached new highs with active trading The Hang Seng Index closed at 26,381 points, down 384 points or 1.4%. The Hang Seng Tech Index reported 5,109 points, down 151 points or 2.9%. The China Enterprises Index fell 220 points or 2.4%, closing at 8,814 points. The total market turnover was HKD 259.277 billion. Performance of active blue-chip stocks: Ping An (02318.HK) closed at HKD 67.85, down 4.6%; Alibaba (09988.HK) closed at HKD 143, down 3.6%; Meituan (03690.HK) closed at HKD 80.45, down 2.7%; Tencent (00700.HK) closed at HKD 512, down 2%; Xiaomi Group (01810.HK) closed at HKD 35.18, down 1.2%; Hong Kong Stock Exchange (00388.HK) closed at HKD 415.4, up 0.8%; Movements in Hang Seng Index and China Enterprises Index constituent stocks: Zhongsheng Holdings (00881.HK) closed at HKD 10.37, down 10.8%; BeiGene (06160.HK) closed at HKD 194.4, down 9.2%; WuXi Biologics (02269.HK) closed at HKD 38.28, down 7.4%; New Oriental (09901.HK) closed at HKD 43.64, down 5.1%; XPeng (09868.HK) closed at HKD 67.5, down 5.1%; WuXi AppTec (02359.HK) closed at HKD 115.3, down 4.6%; Innovent Biologics (01801.HK) closed at HKD 84.35, down 4.6%; Cheung Kong Infrastructure (01038.HK) closed at HKD 67, up 4.5%, hitting a new high; CK Hutchison Holdings (00001.HK) closed at HKD 64.8, up 4.5%; Sihuan Pharmaceutical (01093.HK) closed at HKD 9.54, down 4.5%; Li Auto (02015.HK) closed at HKD 68.65, down 4.5%; Baidu Group - SW (09888.HK) closed at HKD 123.4, down 4.3%; Galaxy Entertainment (00027.HK) closed at HKD 41.44, down 4.3%; Chow Tai Fook (01929.HK) closed at HKD 13.12, down 4.2%; Mengniu Dairy (02319.HK) closed at HKD 15.72, down 4.1%; Kuaishou - W (01024.HK) closed at HKD 63.6, down 4.1%; China Life (02628.HK) closed at HKD 31.38, down 4.1%; Alibaba Health (00241.HK) closed at HKD 5.56, down 4%; BYD Company (01211.HK) closed at HKD 94.95, down 3.8%; China National Pharmaceutical Group (01177.HK) closed at HKD 6.15, down 3.8%; CLP Holdings (00006.HK) closed at HKD 63.6, up 3.8%, hitting a new high; Haier Smart Home (06690.HK) closed at HKD 26.46, down 3.3%; Pop Mart (09992.HK) closed at HKD 225.2, down 3.3%; Trip.com Group - S (09961.HK) closed at HKD 400.4, down 3.2%; SMIC (00981.HK) closed at HKD 67.6, down 3.2%; CNOOC (00883.HK) closed at HKD 24.66, down 3.2%; CK ASSET (01113.HK) closed at HKD 48.06, up 3%, hitting a new high; Techtronic Industries (00669.HK) closed at HKD 125.8, up 1.9%, hitting a new high; HSBC Holdings (00005.HK) closed at HKD 145, up 1.6%, hitting a new high; Movements in small and mid-cap stocks: FIT HON TENG (06088.HK) closed at HKD 6.7, up 11.5%; ### Related Stocks - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [02318.HK - PING AN](https://longbridge.com/en/quote/02318.HK.md) - [01113.HK - CK ASSET](https://longbridge.com/en/quote/01113.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 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) | | PNC Financial Services Group Inc. 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