Hong Kong Stocks Kept Plunging. Meituan And XPeng Fell 7%; Pop Mart And JD.com Fell 6%

Tiger Newspress
04-16

Hong Kong Stocks kept plunging on Wednesday after Nvidia said the government was setting new limits on its exports to China and President Donald Trump ordered a probe into potential tariffs on critical minerals.

The Hang Seng Index fell 2.5%, while the Hang Seng Tech Index dropped 4.4%.

In terms of star stocks, Meituan and XPeng fell 7%; Pop Mart and JD.com fell 6%; Xiaomi and Nio fell 5%; Li Auto and Alibaba fell 4%; Tencent fell 3%.

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