--- title: "The Half-Day Express reports that the Hang Seng Index fell by 717 points; the Hang Seng TECH Index dropped by 95 points, Ping An fell by over 4%, and Alibaba fell by over 4%" type: "News" locale: "en" url: "https://longbridge.com/en/news/277721364.md" description: "The Hang Seng Index closed at 25,051 points, down 717 points or 2.8%. The Hang Seng TECH Index reported 4,781 points, down 95 points or 2.0%. The China Enterprises Index fell 206 points or 2.4%, closing at 8,401 points. Ping An dropped 4.6%, and Alibaba fell 4.2%. Other heavyweight stocks such as HKEX and Tencent also experienced varying degrees of decline" datetime: "2026-03-04T04:12:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277721364.md) - [en](https://longbridge.com/en/news/277721364.md) - [zh-HK](https://longbridge.com/zh-HK/news/277721364.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277721364.md) | [繁體中文](https://longbridge.com/zh-HK/news/277721364.md) # The Half-Day Express reports that the Hang Seng Index fell by 717 points; the Hang Seng TECH Index dropped by 95 points, Ping An fell by over 4%, and Alibaba fell by over 4% The Hang Seng Index closed at 25,051 points, down 717 points or 2.8%. The Hang Seng TECH Index reported 4,781 points, down 95 points or 2.0%. The China Enterprises Index fell 206 points or 2.4%, closing at 8,401 points. Performance of active heavyweights: Ping An (02318.HK) closed at HKD 62.95, down 4.6%; Alibaba (09988.HK) closed at HKD 129.1, down 4.2%; HKEX (00388.HK) closed at HKD 400.6, down 2.1%; Meituan (03690.HK) closed at HKD 74.25, down 1.9%; Tencent (00700.HK) closed at HKD 502.5, down 1.6%; Xiaomi Group (01810.HK) closed at HKD 32.04, up 1.5%; Movements in Hang Seng Index and China Enterprises Index constituents: China Life (02628.HK) closed at HKD 28.02, down 6.7%; AIA (01299.HK) closed at HKD 80.35, down 5.5%; WuXi Biologics (02269.HK) closed at HKD 35.16, down 5%; Innovent Biologics (01801.HK) closed at HKD 76.5, down 4.4%; Sinopec (00386.HK) closed at HKD 5.2, down 4.4%; PetroChina (00857.HK) closed at HKD 9.97, down 4.4%; Zijin Mining (02899.HK) closed at HKD 41.32, down 4.4%; CK Hutchison (00001.HK) closed at HKD 60, down 4.2%; JD.com (09618.HK) closed at HKD 96.3, down 4.1%; Hansoh Pharmaceutical (03692.HK) closed at HKD 31.96, down 4%; XPeng (09868.HK) closed at HKD 60.95, down 3.9%; CNOOC (00883.HK) closed at HKD 26.52, down 3.9%; WuXi AppTec (02359.HK) closed at HKD 108.1, down 3.8%; Xinyi Glass (00868.HK) closed at HKD 10.87, down 3.8%; Shenzhou International (02313.HK) closed at HKD 57.55, down 3.8%; China Hongqiao (01378.HK) closed at HKD 38.08, up 3.8%; HSBC (00005.HK) closed at HKD 130.8, down 3.7%; BeiGene (06160.HK) closed at HKD 172, down 3.6%; BYD Electronics (00285.HK) closed at HKD 28.66, down 3.6%; MTR Corporation (00066.HK) closed at HKD 35.24, down 3.6%; China ZhengTong Auto Services (00881.HK) closed at HKD 9.54, down 3.5%; JD Health (06618.HK) closed at HKD 50.15, down 3.5%; Haier Smart Home (06690.HK) closed at HKD 24.56, down 3.5%; Galaxy Entertainment (00027.HK) closed at HKD 38.02, down 3.5%; China Resources Mixc Lifestyle (01209.HK) closed at HKD 45.38, down 3.4%; Stone Pharmaceutical (01093.HK) closed at HKD 8.91, down 3.4%; JD Logistics (02618.HK) closed at HKD 10.35, down 3.4%; New World Development (00016.HK) closed at HKD 138, down 3.4%; Orient Overseas (00316.HK) closed at HKD 152.6, down 3.3%; China Overseas Land & Investment (00688.HK) closed at HKD 13.23, down 3.2%; Henderson Land Development (00101.HK) closed at HKD 9.34, down 3.2%; Xinao Energy (02688.HK) closed at HKD 69.55, down 3.2%; Bank of Communications (03328.HK) closed at HKD 6.59, down 3.1%; Link REIT (00823.HK) closed at HKD 37.34, down 3.1%; Pop Mart (09992.HK) closed at HKD 206.2, down 3%; Movements in small and mid-cap stocks: Xiangfeng Group (02473.HK) closed at HKD 1.51, up 22.8%; Dali Foods Group (01921.HK) closed at HKD 6.19, down 13.5%; COSCO Shipping Energy (01138.HK) closed at HKD 18.51, down 11.4%; Hesai Technology - W (02525.HK) closed at HKD 188.7, down 10.1%; ### Related Stocks - [TENCENT (00700.HK)](https://longbridge.com/en/quote/00700.HK.md) - [Ping An (601318.CN)](https://longbridge.com/en/quote/601318.CN.md) - [ALI HEALTH (00241.HK)](https://longbridge.com/en/quote/00241.HK.md) - [PING AN (02318.HK)](https://longbridge.com/en/quote/02318.HK.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [HKEX (00388.HK)](https://longbridge.com/en/quote/00388.HK.md) - [Hang Seng China Enterprises Index (HSCEI.HK)](https://longbridge.com/en/quote/HSCEI.HK.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) - [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md) - [GraniteShares 2x Long BABA Daily ETF (BABX.US)](https://longbridge.com/en/quote/BABX.US.md) - [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/en/quote/KBAB.US.md) - [Huatai-PB CSOP Hang Seng Technology ETF(QDII) (513130.CN)](https://longbridge.com/en/quote/513130.CN.md) - [HSTECH ETF (03032.HK)](https://longbridge.com/en/quote/03032.HK.md) - [CSOP HS TECH (03033.HK)](https://longbridge.com/en/quote/03033.HK.md) - [HSCEI ETF (02828.HK)](https://longbridge.com/en/quote/02828.HK.md) ## Related News & Research - [HKEX Sees Diverse IPOs Amid AI Bubble Risk](https://longbridge.com/en/news/277069209.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) - [Alibaba Unifies AI Brand, Goes All-In On 'Qwen'](https://longbridge.com/en/news/277485148.md) - [HKEX says CHK Oil found to have breached the listing rules for publishing financial results, others](https://longbridge.com/en/news/277659856.md)