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slide on tech sell-offBy Jiaxing Li. HONG KONG, Feb 25  - China and Hong Kong stocks stumbled in early trade on Tuesday, with a sell-off in tech heavyweights pulling down the markets. The Hang Seng Tech Index .HSTECH lost 3% after sliding as much as 4.3% at the market open, with Alibaba 9988.HK tumbling more than 6% and Baidu 9888.HK dropping 4.5%.The Hang Seng Index .HIS, tracking the broader market in Hong Kong, dropped 2% while the onshore blue-chip CSI 300 Index .CSI000300 declined 0.9%. The pullback follows the overnight drop in U.S.-listed Chinese stocks on Monday. The Nasdaq Golden Dragon China Index .HXC tumbled 5.2% in its worst single-day decline since October as profit-taking and geopolitical pressures ratcheted up. The sell-off marks a stark reversal for the Hang Seng Tech Index, which had advanced for six straight weeks in its best winning streak since 2020, driven by strong earnings and optimism about artificial intelligence.\"It's overshot, rising 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The increase in margin was driven by lower expenses.NasdaqGS:BIDU Revenue and Expenses Breakdown February 24th 2025. All figures shown in the chart above are for the trailing 12 month  period. Revenue was in line with analyst estimates. Earnings per share  surpassed analyst estimates by 3.2%.The primary driver behind last 12 months revenue was the Baidu Core segment contributing a total revenue of CN104.7b . The largest operating expense was General & Administrative costs, amounting to CN23.6b . Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN2.49b. 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is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their own products.The AI—open-source, powerful and relatively cheap—upended pessimistic narratives about China’s tech sector. Combined with a belief that Beijing is ready to support the private sector, exemplified by a meeting between Xi Jinping and leading tech executives on Monday, investors now think that China’s ready for a new tech rally.The Hang Seng Tech Index, which tracks technology companies listed in the Chinese city, is up 34% since the beginning of the year. By comparison, the Nasdaq-100 is only up 5.2% over the same period.China’s tech earnings this week now give an early glimpse into how its tech CEOs are thinking about DeepSeek.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/china-tech-firms-alibaba-lenovo-144300330.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":"506c74042d63960682fb72148890c4b3","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/china-tech-firms-alibaba-lenovo-144300330.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["HBBD.SI","BIDU","BABA"],"gpt_icon":1},{"id":"1121339851","title":"U.S. Stocks Open Mixed; Chinese ADRs Jump Again With Alibaba up 4%, Bilibili up 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1121339851","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1121339851?lang=en_us&edition=fundamental","pubTime":"2025-02-21 22:30","pubTimestamp":1740148200,"startTime":"0","endTime":"0","summary":"U.S. Stocks Open Mixed on Friday; Chinese ADRs Jump Again With Alibaba up 4%, Bilibili up 6%","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BILI","YINN",".IXIC","VIPS","NTES","EDU","JD",".SPX","XPEV","LI","TME","IQ","WB","BIDU","BABA","NIO","TCOM","BEKE",".DJI","RLX","PDD","GOTU"],"gpt_icon":1},{"id":"1165534590","title":"Pre-Bell｜U.S. Futures Mixed; Chinese ADRs Shine; Alibaba Jumps Another 4%; Celsius Surges 32%","url":"https://stock-news.laohu8.com/highlight/detail?id=1165534590","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1165534590?lang=en_us&edition=fundamental","pubTime":"2025-02-21 20:55","pubTimestamp":1740142500,"startTime":"0","endTime":"0","summary":"U.S. stock index futures took a pause on Friday after declining in the previous session when a drop in heavyweight retailer Walmart, coupled with ongoing tariff jitters and an uncertainty over the Fed","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["XYZ","BKNG",".SPX","UNH","CELH","PDD","JD","IQ","LI","YINN","ESmain",".DJI","NU","DBX","MELI","AKAM","BIDU","PLTR",".IXIC","NQmain","FIVN","BABA","XPEV","YMmain","FUBO","RIVN","BILI","NIO"],"gpt_icon":1},{"id":"2513663462","title":"Zacks Investment Ideas feature highlights: Alibaba, Futu, Baidu, Krane CSI China Internet ETF and JD.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2513663462","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513663462?lang=en_us&edition=fundamental","pubTime":"2025-02-21 18:00","pubTimestamp":1740132000,"startTime":"0","endTime":"0","summary":"Chicago, IL – February 21, 2025 – Today, Zacks Investment Ideas feature highlights Alibaba BABA, Futu Holdings FUTU, Baidu BIDU, Krane CSI China Internet ETF KWEB and JD.com JD.In 2020, Zacks Ranked #3  stock Alibaba was at the top of its game. Dubbed the “Amazon of China,” BABA had a stranglehold on a massive and growing Chinese e-commerce business. BABA shares had rallied from the IPO price of ~$100 in 2014 to over $300 per share at its peak in 2020. Not only did BABA enjoy the benefit of a massive Chinese market, but the government kept foreign competitors from entering the market, and the Chinese economy looked poised to take over the U.S. economy.However, as is often the case on Wall Street, BABA’s fortunes turned when things looked the best. The Covid-19 pandemic decimated the Chinese economy, leading to mass unemployment among youth. Worse yet, in November 2020, BABA founder and former CEO Jack MA delivered a speech critical of the Chinese government.In the earnings conference c","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-100000530.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4543","BK4581","BK4588","BK4527","LU0128525689.USD","LU0072913022.USD","BIDU","LU1880383366.USD","KWEB","LU1105468828.SGD","BK4552","FDN","SG9999002463.SGD","09618","LU1515016050.SGD","BK4575","IE0008368742.USD","LU0918141705.HKD","LU0348814723.USD","JD","LU0348816934.USD","FXI","LU0359201612.USD","LU1981816686.USD","09988","LU0106959298.USD","LU1046421795.USD","BK4558","BK4554","BK4505","LU1188198961.HKD","BK4587","LU1267930227.SGD","BABA","LU1048596156.SGD","LU0640798160.USD","LU0359202008.SGD","FUTU","LU0307460666.USD","LU1823568750.SGD","LU0797268264.HKD","IE00BFMHRM44.USD","LU0348767384.USD","BK4551","BK4538","BK4526","LU2226246903.HKD","BK4602","BK4607","BK4514","HBBD.SI"],"gpt_icon":0},{"id":"1141402415","title":"Chinese ADRs Jump Again As Upbeat Earnings Lift Sentiment; Alibaba Surges 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1141402415","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1141402415?lang=en_us&edition=fundamental","pubTime":"2025-02-21 17:00","pubTimestamp":1740128409,"startTime":"0","endTime":"0","summary":"Chinese ADRs jumped again in premarket trading on Friday, as a slew of upbeat earnings boosted optimism toward the sector. YINN rose 4%; Bilibili, Li Auto, and iQiyi rose 5%; Alibaba and XPeng rose 4%","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BABA","XPEV","PDD","NTES","IQ","BIDU","JD","NIO","TCOM","LI","BILI","TME"],"gpt_icon":1},{"id":"1196511389","title":"Chinese ADRs and ETFs Jump as Upbeat Earnings Lift Sentiment; Li Auto up 6%; Alibaba up 4%; XPeng up 3%; PDD Holdings up 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1196511389","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196511389?lang=en_us&edition=fundamental","pubTime":"2025-02-21 13:31","pubTimestamp":1740115860,"startTime":"0","endTime":"0","summary":"Chinese ADRs and ETFs jumped in overnight trading. YINN rose 2%; Li Auto rose 6%; Alibaba rose 4%; Kingsoft Cloud, XPeng rose 3%; PDD Holdings rose 2%; NIO, and Baidu rose 1%.Chinese technology shares have been on a tear in recent weeks as local AI startup DeepSeek’s breakthrough prompted investors to re-evaluate the nation’s leading internet companies.Alibaba’s results are partly fueling the market’s Friday rally, said Bo Pei, an equity research analyst at US Tiger Securities. Xi’s meeting with","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["XPEV","CNmain","PDD","BEKE","ASHR","IQ","BILI","MCHI","WB","YINN","EDU","VIPS","KBA","KWEB","RLX","DRAG","NIO","TCOM","CWEB","JD","BABA","FXI","LI","NTES","GOTU","BIDU","TME","HXC","CQQQ"],"gpt_icon":1}],"pageSize":16,"totalPage":25,"pageCount":5,"totalSize":400}]}}