--- title: "The Hang Seng Index closed down 2.01%, and the Hang Seng TECH Index fell 0.96%" type: "News" locale: "en" url: "https://longbridge.com/en/news/277745183.md" description: "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 funds had a net outflow of HKD 466 million" datetime: "2026-03-04T08:12:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277745183.md) - [en](https://longbridge.com/en/news/277745183.md) - [zh-HK](https://longbridge.com/zh-HK/news/277745183.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277745183.md) | [繁體中文](https://longbridge.com/zh-HK/news/277745183.md) # 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 ### Related Stocks - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [XPENG-W (09868.HK)](https://longbridge.com/en/quote/09868.HK.md) - [JD-SW (09618.HK)](https://longbridge.com/en/quote/09618.HK.md) ## Related News & Research - [Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp](https://longbridge.com/en/news/276972290.md) - [Hang Seng Bank Relaunches Fixed-Mortgage Plan](https://longbridge.com/en/news/277550037.md) - [Hong Kong January retail sales rise 5.5% on sustained recovery momentum](https://longbridge.com/en/news/277760029.md) - [Tennis-Swiatek, Gauff inspired by figure skater Liu's journey from teen burnout to Olympic gold](https://longbridge.com/en/news/277736403.md) - [Sino Harbour Chairman Boosts Stake With Open-Market Share Purchase](https://longbridge.com/en/news/277757031.md)