--- title: "The Hang Seng Index opened down 1.16%, and the Hang Seng TECH Index fell 1.24%" type: "News" locale: "en" url: "https://longbridge.com/en/news/277703913.md" description: "XPeng fell nearly 3%, while Alibaba, SMIC, Baidu Group, and others fell over 2%. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at one's own risk" datetime: "2026-03-04T01:26:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277703913.md) - [en](https://longbridge.com/en/news/277703913.md) - [zh-HK](https://longbridge.com/zh-HK/news/277703913.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277703913.md) | [繁體中文](https://longbridge.com/zh-HK/news/277703913.md) # The Hang Seng Index opened down 1.16%, and the Hang Seng TECH Index fell 1.24% XPeng fell nearly 3%, while Alibaba, SMIC, Baidu Group, and others fell over 2%. Risk Warning and Disclaimer The market carries risks, and investment should be approached with caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk ### Related Stocks - [Baidu, Inc. (BIDU.US)](https://longbridge.com/en/quote/BIDU.US.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [GraniteShares 2x Long BABA Daily ETF (BABX.US)](https://longbridge.com/en/quote/BABX.US.md) - [BIDU-SW (09888.HK)](https://longbridge.com/en/quote/09888.HK.md) - [XPENG-W (09868.HK)](https://longbridge.com/en/quote/09868.HK.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) - [SMIC (00981.HK)](https://longbridge.com/en/quote/00981.HK.md) - [SMIC (688981.CN)](https://longbridge.com/en/quote/688981.CN.md) - [XPeng Inc. (XPEV.US)](https://longbridge.com/en/quote/XPEV.US.md) ## Related News & Research - [China's Search Giant Baidu Struggles With Weak Ad Spending Despite AI Push](https://longbridge.com/en/news/277056050.md) - [Hohimer Wealth Management LLC Sells 14,451 Shares of Alibaba Group Holding Limited $BABA](https://longbridge.com/en/news/277189076.md) - [Head of Alibaba's Qwen AI division resigns](https://longbridge.com/en/news/277711975.md) - [J.P. Morgan Sticks to Its Buy Rating for Baidu (BIDU)](https://longbridge.com/en/news/277323585.md) - [DBS Reaffirms Their Buy Rating on Baidu (BIDU)](https://longbridge.com/en/news/277156503.md)