--- title: "The Half-Day Express reports that the Hang Seng Index fell by 656 points; the Hang Seng Tech Index dropped by 115 points. Ping An fell over 5%, Alibaba fell over 3%. CNOOC, Shenhua, PetroChina, Yancoal Australia, and Yanzhou Coal Energy hit new highs" type: "News" locale: "en" url: "https://longbridge.com/en/news/278323771.md" description: "The Hang Seng Index closed at 25,101 points, down 656 points or 2.5%. The Hang Seng Tech Index reported 4,832 points, down 115 points or 2.3%. The China Enterprises Index fell 157 points or 1.8%, closing at 8,470 points. Ping An dropped over 5%, and Alibaba fell over 3%. Stocks like CNOOC, Shenhua, and PetroChina reached new highs" datetime: "2026-03-09T04:12:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278323771.md) - [en](https://longbridge.com/en/news/278323771.md) - [zh-HK](https://longbridge.com/zh-HK/news/278323771.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278323771.md) | [繁體中文](https://longbridge.com/zh-HK/news/278323771.md) # The Half-Day Express reports that the Hang Seng Index fell by 656 points; the Hang Seng Tech Index dropped by 115 points. Ping An fell over 5%, Alibaba fell over 3%. CNOOC, Shenhua, PetroChina, Yancoal Australia, and Yanzhou Coal Energy hit new highs The Hang Seng Index closed at 25,101 points, down 656 points or 2.5%. The Hang Seng Tech Index reported 4,832 points, down 115 points or 2.3%. The China Enterprises Index fell 157 points or 1.8%, closing at 8,470 points. Performance of active heavyweight stocks: PING AN (02318.HK) closed at HKD 61.4, down 5%; Alibaba (09988.HK) closed at HKD 125.5, down 4%; Tencent (00700.HK) closed at HKD 510.5, down 1.6%; Xiaomi Group (01810.HK) closed at HKD 33.06, down 1.1%; Meituan (03690.HK) closed at HKD 76.95, up 0.1%; Movements in Hang Seng Index and China Enterprises Index constituent stocks: CNOOC (00883.HK) closed at HKD 28.48, up 7%, hitting a new high; New World Development (00016.HK) closed at HKD 133.1, down 6.3%; Geely (00175.HK) closed at HKD 15.34, down 6.2%; Hysan Development (00101.HK) closed at HKD 9.05, down 6.1%; Techtronic Industries (00669.HK) closed at HKD 112.2, down 5.8%; WuXi Biologics (02269.HK) closed at HKD 34.3, down 5.6%; CITIC Limited (00267.HK) closed at HKD 11.17, down 5.6%; AIA (01299.HK) closed at HKD 80.9, down 5.5%; CK Hutchison Holdings (00001.HK) closed at HKD 58.2, down 5.4%; Sands China (01928.HK) closed at HKD 16.75, down 5.4%; Zijin Mining (02899.HK) closed at HKD 38.06, down 5.1%; WuXi AppTec (02359.HK) closed at HKD 106.3, down 5.1%; Hang Lung Properties (00012.HK) closed at HKD 31.56, down 4.9%; Sinopharm (01801.HK) closed at HKD 79.25, down 4.9%; China Shenhua Energy (01088.HK) closed at HKD 47.18, up 4.5%, hitting a new high; CSPC Pharmaceutical Group (01093.HK) closed at HKD 8.95, down 4.5%; NetEase (09999.HK) closed at HKD 180.8, down 4.4%; Baidu Group - SW (09888.HK) closed at HKD 114.2, down 4.4%; Galaxy Entertainment Group (00027.HK) closed at HKD 36.36, down 4.4%; BeiGene (06160.HK) closed at HKD 174.3, down 4.4%; SMIC (00981.HK) closed at HKD 59.2, down 4.2%; WH Group (00288.HK) closed at HKD 9.39, down 4.1%; Bank of China Hong Kong (02388.HK) closed at HKD 40.56, down 4.1%; Nongfu Spring (09633.HK) closed at HKD 43.96, down 4%; Sinopec (00386.HK) closed at HKD 5.01, down 4%; Xinyi Solar (00968.HK) closed at HKD 3.15, down 4%; New Oriental (09901.HK) closed at HKD 40.64, down 3.8%; Kuaishou-W (01024.HK) closed at HKD 59.15, down 3.7%; HSBC Holdings (00005.HK) closed at HKD 130.3, down 3.6%; Yum China (09987.HK) closed at HKD 406.4, down 3.6%; Cheung Kong Holdings (01113.HK) closed at HKD 46.18, down 3.6%; PetroChina (00857.HK) closed at HKD 10.77, up 3.6%, hitting a new high; China Life (02628.HK) closed at HKD 27.78, down 3.5%; China Resources Mixc Lifestyle (01209.HK) closed at HKD 44.96, down 3.5%; Wheelock Properties (01997.HK) closed at HKD 26.62, down 3.5%; Longfor Group (00960.HK) closed at HKD 8.95, down 3.5%; XPeng (09868.HK) closed at HKD 68.55, up 3.3%; Anta Sports (02020.HK) closed at HKD 77.9, down 3.1%; MTR Corporation (00066.HK) closed at HKD 34.28, down 3.1%; China National Pharmaceutical Group (01177.HK) closed at HKD 5.94, down 3.1%; Xinyi Glass (00868.HK) closed at HKD 10.55, down 3%; Volatile small and mid-cap stocks: Haitian International Holdings (01341.HK) closed at HKD 0.034, down 37%; Zhongqingbao (01855.HK) closed at HKD 0.63, down 36.4%; Ark Health (06086.HK) closed at HKD 1.5, down 31.8%; Yimai Sunshine (02522.HK) closed at HKD 4.36, down 29.1%; Delin Holdings (01709.HK) closed at HKD 1.01, down 27.9%; Youbao Online (02429.HK) closed at HKD 1.99, down 16.7%; Canggang Railway (02169.HK) closed at HKD 0.55, down 16.7%; Yaoshi Bang (09885.HK) closed at HKD 3.89, down 15.8%; China Chunlai (01969.HK) closed at HKD 2.28, down 14%; Auto Street (02443.HK) closed at HKD 1.93, down 13.8%; Aidi Kang Holdings (09860.HK) closed at HKD 4.43, down 12.5%; Fenbi (02469.HK) closed at HKD 1.29, down 12.2%; AUX Electric (02580.HK) closed at HKD 10.59, down 10.2%; Yancoal Australia (03668.HK) closed at HKD 39.36, up 8.4%, hitting a new high; Yankuang Energy (01171.HK) closed at HKD 15.3, up 6.3%, hitting a new high; ### Related Stocks - [PING AN (02318.HK)](https://longbridge.com/en/quote/02318.HK.md) - [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) - [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/en/quote/KBAB.US.md) - [GraniteShares 2x Long BABA Daily ETF (BABX.US)](https://longbridge.com/en/quote/BABX.US.md) ## Related News & Research - [Alibaba forms task force to boost AI development after Qwen chief's exit](https://longbridge.com/en/news/277877051.md) - [Head of Alibaba's Qwen AI division resigns](https://longbridge.com/en/news/277711975.md) - [Billionaire Investor Cuts Amazon And Starts Fresh With Alibaba](https://longbridge.com/en/news/277822766.md) - [Full Metal Jacket – The Rise of the Humanoid Robot Defenders](https://longbridge.com/en/news/278398173.md) - [Alibaba, Bytedance And Tencent Are Turning To Domestic Chipmakers To Ease The Pain From A Deepening Global Shortage Of Memory Chips - The Information](https://longbridge.com/en/news/277949529.md)