---
title: "According to the \"All-Day Express,\" the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading"
description: "The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277427169.md"
published_at: "2026-03-02T08:12:03.000Z"
---

# According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

> The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major stocks such as Xiaomi Group, Meituan, and Alibaba all experienced declines, falling over 5% and 4% respectively. Stocks like Xinyi Glass, CNOOC, and PetroChina reached new highs with active trading

The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%. The Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The National Index fell 157 points or 1.8%, closing at 8,701 points. The total market turnover was HKD 357.679 billion.

Performance of active heavyweight stocks:

Xiaomi Group (01810.HK) closed at HKD 33.14, down 5%;

Meituan (03690.HK) closed at HKD 77.4, down 4.6%;

Alibaba (09988.HK) closed at HKD 136.4, down 4.5%;

Ping An (02318.HK) closed at HKD 66.4, down 2.4%;

Tencent (00700.HK) closed at HKD 514, down 0.8%;

Movements in Hang Seng Index and National Index constituent stocks:

Xinyi Glass (00868.HK) closed at HKD 11.67, up 12.4%, hitting a new high;

China Hongqiao (01378.HK) closed at HKD 38, up 7.2%;

CNOOC (00883.HK) closed at HKD 26.74, up 5.6%, hitting a new high;

JD Health (06618.HK) closed at HKD 53.8, down 5.2%;

HSBC Holdings (00005.HK) closed at HKD 139.7, down 5.2%;

Sunny Optical (02382.HK) closed at HKD 55.3, down 5.1%;

SMIC (00981.HK) closed at HKD 64.6, down 5%;

Bank of China Hong Kong (02388.HK) closed at HKD 42.78, down 4.7%;

BYD Company (01211.HK) closed at HKD 99.1, up 4.4%;

Baidu Group - SW (09888.HK) closed at HKD 118.5, down 4.2%;

Hang Lung Properties (00101.HK) closed at HKD 9.84, down 4.2%;

PetroChina (00857.HK) closed at HKD 9.93, up 4.1%, hitting a new high;

Xinyi Solar (00968.HK) closed at HKD 3.32, down 4%;

Mengniu Dairy (02319.HK) closed at HKD 15.54, down 4%;

Galaxy Entertainment (00027.HK) closed at HKD 40.12, down 3.9%;

Midea Group (00300.HK) closed at HKD 87.4, down 3.8%;

BeiGene (06160.HK) closed at HKD 185, down 3.8%;

Zhongsheng Holdings (00881.HK) closed at HKD 9.97, down 3.8%;

Ali Health (00241.HK) closed at HKD 5.37, down 3.8%;

WuXi Biologics (02269.HK) closed at HKD 38.74, down 3.7%;

China Life (02628.HK) closed at HKD 30.5, down 3.4%;

Kuaishou - W (01024.HK) closed at HKD 60.75, down 3.3%;

Stone Pharmaceutical (01093.HK) closed at HKD 9.58, down 3.2%;

WuXi AppTec (02359.HK) closed at HKD 115.2, down 3.2%; Orient Overseas (00316.HK) closed at HKD 153.3, up 2.5%, hitting a new high;

China Shenhua (01088.HK) closed at HKD 45.12, up 0.4%, hitting a new high;

Movements in small and mid-cap stocks:

United Energy Group (00467.HK) closed at HKD 0.8, up 23.1%;

Guofu Hydrogen Energy (02582.HK) closed at HKD 36.96, down 19.2%;

Zhongyu Energy (03633.HK) closed at HKD 3.03, up 16.5%;

Xiangfeng Group (02473.HK) closed at HKD 1.02, down 15%;

Zhongqing Co., Ltd. (01855.HK) closed at HKD 0.88, down 14.6%;

Qushi Group (00917.HK) closed at HKD 19.38, down 13.8%;

Duodian Smart (02586.HK) closed at HKD 7.35, down 13.1%;

Haotian International Construction Investment (01341.HK) closed at HKD 0.05, down 12.3%;

Cloudspeak (09678.HK) closed at HKD 290.2, down 11.2%;

Dalipe Holdings (01921.HK) closed at HKD 6.6, up 11.1%;

E-Surfing Technology (02550.HK) closed at HKD 2.09, down 10.3%;

### Related Stocks

- [03690.HK - MEITUAN](https://longbridge.com/en/quote/03690.HK.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)
- [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md)
- [01810.HK - XIAOMI-W](https://longbridge.com/en/quote/01810.HK.md)
- [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md)
- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
- [MPNGY.US - Meituan](https://longbridge.com/en/quote/MPNGY.US.md)
- [00241.HK - ALI HEALTH](https://longbridge.com/en/quote/00241.HK.md)
- [601088.CN - CSEC/China Shenhua](https://longbridge.com/en/quote/601088.CN.md)
- [00868.HK - XINYI GLASS](https://longbridge.com/en/quote/00868.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.