The Hong Kong stock opened with significant declines. The Hang Seng Index fell by 2.27%, the Hang Seng China Enterprises Index dropped by 2.37%, the Hang Seng Tech Index decreased by 3.08%.
JD-SW plummeted by 5.22%, while SMIC rose by 4.90% after reporting record high quarterly revenue and improved profit margins. Tencent and Alibaba-W fell by 2.09% and 2.82%, respectively.