The Hang Seng Index closed down 2.01%, and the Hang Seng TECH Index fell 0.96%
Alibaba fell over 3%, JD Group and XPeng fell over 2%, and Bilibili fell over 1%; automotive, media, and software services led the decline, while defense and military industry and coal saw the largest gains; southbound capital had a net outflow of HKD 466 million
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