HK Stocks Continue to Fall. HSTECH Tumbles 5%; Knowledge Atlas Plunges 26%; MiniMax Down 14%; XPeng, SMIC Down 9%; NIO Down 7%; Tencent Down 5%; Alibaba, Baidu Down over 4%
Hong Kong stocks extended declines on Friday. HSI fell 1.51% while HSTECH fell 3.53%.Samsung 2x Leveraged ETF tumbled over 19%; SK Hynix 2x Leveraged ETF, Knowledge Atlas fell over 18%; XPeng down 8%; Kuaishou, NIO down 6%; Meituan down 5%; Tencent, Alibaba, Baidu down over 3%.