Hong Kong Stocks Close Lower; Li Auto Jumps 13%; Alibaba Drops 4%; Trip.com Sinks 12%

Market Watcher

Feb 25, 2025

On February 25, 2025, the Hong Kong stock market closed lower. The Hang Seng Index (HSI) fell by 1.32%, the Hang Seng China Enterprises Index (HSCEI) decreased by 1.39%, and the Hang Seng Tech Index (HSTECH) dropped by 1.57%.

In terms of sectors, the popular tech stocks were notably weak. The Hang Seng Tech Index saw a significant decline, with TENCENT dropping 2.49% due to increased orders for NVIDIA's H20 AI chips by Chinese companies, including Tencent.

BABA-W fell 3.76% amid a broader tech sell-off, despite plans to invest 380 billion RMB in cloud computing and AI infrastructure over the next three years.

MEITUAN-W experienced a 4.74% drop, reflecting the overall negative sentiment in the tech sector.

XPENG-W rose 4.43% as the company expressed confidence in becoming one of the first in China to mass-produce L3 robots, leveraging advanced technologies to enhance capabilities.

LI AUTO-W surged 12.52% as the company announced on its social media platforms today that its first all-electric SUV is the Li i8..

EVERG VEHICLE declined 2.07% following the announcement of a transaction to sell a 20% stake in its Swedish subsidiary to improve liquidity and meet tax obligations.

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The Hang Seng Index (HSI) fell by 1.32%, the Hang Seng China Enterprises Index (HSCEI) decreased by 1.39%, and the Hang Seng Tech Index (HSTECH) dropped by 1.57%.<br/><br/>In terms of sectors, the popular tech stocks were notably weak. 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The Hang Seng Index (HSI) fell by 1.32%, the Hang Seng China Enterprises Index (HSCEI) decreased by 1.39%, and the Hang Seng Tech Index (HSTECH) dropped by 1.57%.<br/><br/>In terms of sectors, the popular tech stocks were notably weak. The Hang Seng Tech Index saw a significant decline, with <a href=\"https://laohu8.com/S/00700\">TENCENT</a> dropping 2.49% due to increased orders for NVIDIA&#39;s H20 AI chips by Chinese companies, including Tencent. </p><p><a href=\"https://laohu8.com/S/09988\">BABA-W</a> fell 3.76% amid a broader tech sell-off, despite plans to invest 380 billion RMB in cloud computing and AI infrastructure over the next three years. </p><p><a href=\"https://laohu8.com/S/03690\">MEITUAN-W</a> experienced a 4.74% drop, reflecting the overall negative sentiment in the tech sector.<br/><br/><a href=\"https://laohu8.com/S/09868\">XPENG-W</a> rose 4.43% as the company expressed confidence in becoming one of the first in China to mass-produce L3 robots, leveraging advanced technologies to enhance capabilities. </p><p><a href=\"https://laohu8.com/S/02015\">LI AUTO-W</a> surged 12.52% as the company announced on its social media platforms today that its first all-electric SUV is the Li i8..<br/><br/><a href=\"https://laohu8.com/S/00708\">EVERG VEHICLE</a> declined 2.07% following the announcement of a transaction to sell a 20% stake in its Swedish subsidiary to improve liquidity and meet tax obligations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a1786157cbe69149481719497612780d\" title=\"\" tg-width=\"478\" tg-height=\"751\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSTECH","symbol_name":"恒生科技指数","start_time":0,"source_url":"","article_id":"1112383282","we_media_id":"1027265475","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112383282","pubTimestamp":1740471708,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Watcher","introduction":"stay tuned on realtime market movements","home_visible":1,"id":"1027265475","head_image":"https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72"},"summary":"On February 25, 2025, the Hong Kong stock market closed lower. The Hang Seng Index  fell by 1.32%, the Hang Seng China Enterprises Index  decreased by 1.39%, and the Hang Seng Tech Index  dropped by 1.57%.In terms of sectors, the popular tech stocks were notably weak. The Hang Seng Tech Index saw a significant decline, with $TENCENT$ dropping 2.49% due to increased orders for NVIDIA's H20 AI chips by Chinese companies, including Tencent. $BABA-W$ fell 3.76% amid a broader tech sell-off, despite ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSTECH":"恒生科技指数","HSCEI":"国企指数","HSI":"恒生指数"},"translate_title":"港股收跌；理想汽车股价上涨13%；阿里巴巴-SW下跌4%；Trip.com下跌12%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSCEI":1,"HSTECH":1,"HSI":1},"content_text":"On February 25, 2025, the Hong Kong stock market closed lower. The Hang Seng Index (HSI) fell by 1.32%, the Hang Seng China Enterprises Index (HSCEI) decreased by 1.39%, and the Hang Seng Tech Index (HSTECH) dropped by 1.57%.In terms of sectors, the popular tech stocks were notably weak. The Hang Seng Tech Index saw a significant decline, with TENCENT dropping 2.49% due to increased orders for NVIDIA's H20 AI chips by Chinese companies, including Tencent. BABA-W fell 3.76% amid a broader tech sell-off, despite plans to invest 380 billion RMB in cloud computing and AI infrastructure over the next three years. MEITUAN-W experienced a 4.74% drop, reflecting the overall negative sentiment in the tech sector.XPENG-W rose 4.43% as the company expressed confidence in becoming one of the first in China to mass-produce L3 robots, leveraging advanced technologies to enhance capabilities. LI AUTO-W surged 12.52% as the company announced on its social media platforms today that its first all-electric SUV is the Li i8..EVERG VEHICLE declined 2.07% following the announcement of a transaction to sell a 20% stake in its Swedish subsidiary to improve liquidity and meet tax obligations.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}