--- title: "The Hong Kong Economic Journal reports that the Hang Seng Index fell by 405 points; the Hang Seng TECH Index dropped by 150 points. Alibaba fell by over 5%, and Xiaomi Group declined by over 3%, with strong trading volume" type: "News" locale: "en" url: "https://longbridge.com/en/news/290933236.md" description: "The Hang Seng Index closed at 22,671 points, down 405 points or 1.8%; the Hang Seng TECH Index fell 150 points or 3.4%; the Hang Seng China Enterprises Index dropped 147 points or 1.9%. The total market turnover reached HKD 342.1 billion. Major active stocks generally declined, with Alibaba down over 5%, Xiaomi Group down over 3%, and Meituan, Tencent, and Ping An also recording losses. SUNNY OPTICAL and SMIC saw significant declines among the constituent stocks, while J&T EXPRESS and NetEase rose against the trend" datetime: "2026-06-26T08:12:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290933236.md) - [en](https://longbridge.com/en/news/290933236.md) - [zh-HK](https://longbridge.com/zh-HK/news/290933236.md) --- # The Hong Kong Economic Journal reports that the Hang Seng Index fell by 405 points; the Hang Seng TECH Index dropped by 150 points. Alibaba fell by over 5%, and Xiaomi Group declined by over 3%, with strong trading volume The Hang Seng Index closed at 22,671 points, down 405 points or 1.8%. The Hang Seng TECH Index reported 4,255 points, down 150 points or 3.4%. The China Enterprises Index fell 147 points or 1.9%, closing at 7,460 points. The total market turnover was HKD 342.101 billion. Performance of active heavyweights: Alibaba (09988.HK) closed at HKD 89.5, down 5.8%; Xiaomi Group (01810.HK) closed at HKD 21.42, down 3.9%; Meituan (03690.HK) closed at HKD 64.25, down 2.8%; Ping An (02318.HK) closed at HKD 50.55, down 2.7%; Tencent (00700.HK) closed at HKD 411.8, down 2.3%; Movements in Hang Seng Index and China Enterprises Index constituents: Sunny Optical (02382.HK) closed at HKD 60.9, down 9.1%; SMIC (00981.HK) closed at HKD 80, down 7%; Horizon Robotics-W (09660.HK) closed at HKD 3.61, down 6.5%; China Life (02628.HK) closed at HKD 26.92, down 5.5%; Run Electric (00836.HK) closed at HKD 17.23, down 5.3%; CATL (03750.HK) closed at HKD 680.5, down 5%; XPeng Group-W (09868.HK) closed at HKD 45.58, down 4.8%; J&T EXPRESS-W (01519.HK) closed at HKD 8.45, up 4.6%; Baidu Group-SW (09888.HK) closed at HKD 98.75, down 4.5%; BYD Company (01211.HK) closed at HKD 72.65, down 4.5%; KE Holdings-W (02423.HK) closed at HKD 35.94, down 4.3%; Alibaba Health (00241.HK) closed at HKD 3.07, down 3.8%; JD Health (06618.HK) closed at HKD 31.98, down 3.5%; Hang Lung Properties (00101.HK) closed at HKD 7, down 3.3%; NetEase (09999.HK) closed at HKD 187.5, up 3.1%; Trip.com Group-S (09961.HK) closed at HKD 305.2, down 3.1%; Wheelock Properties (01997.HK) closed at HKD 21.86, down 3.1%; Kuaishou-W (01024.HK) closed at HKD 40.88, down 3%; Movements in comprehensive small and medium-sized stocks: Birun Technology (06082.HK) closed at HKD 57, down 16.2%; Inspur Intelligent (03696.HK) closed at HKD 38.22, down 16%; JinJing New Energy (01783.HK) closed at HKD 5.62, up 13.8%; Tianshu Zhixin (09903.HK) closed at HKD 684, down 13.7%; PAG Biopharma-B (02565.HK) closed at HKD 4.96, down 13.6%; Changfei (06869.HK) closed at HKD 250.6, down 12.9%; Xintai Medical (02291.HK) closed at HKD 9.96, down 11.9%; Taobo (06110.HK) closed at HKD 1.81, down 11.7%; Lianghua Pai (02685.HK) closed at HKD 11.8, down 11%; Dechang Motor (00179.HK) closed at HKD 21.56, down 10.5%; ### Related Stocks - 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