The Hang Seng Index fell back to 24,176.05, down 0.39% from the previous day, in morning trading on the Hong Kong stock market on the 13th. Selling in mainland-linked tech stocks dominated, while BYD shares remained at lower levels.
In morning trading on the Hong Kong stock market on the 13th, the Hang Seng Index fell 95.15 points from the previous day to 24,176.05 and continued trading lower. Selling spread across major stocks following declines in U.S. equities.
Mainland-linked tech stocks were notably weaker, with tech stocks Tencent Holdings (Tencent) and Alibaba Group both declining. Related stocks also came under selling pressure.
Related stocks including Contemporary Amperex Technology, which makes batteries for vehicles, also fell, and selling pressure spread across the market as a whole.