HK Stocks Close Sharply Lower. Hang Seng Tech Index Plunges 17%; Xiaomi down 20%; Alibaba down 18%; JD.com, Meituan, NIO down around 15%; Tencent down 12%
Shares of major Chinese technology companies witnessed a selloff on the expected brunt of tariffs and broader concerns that the trade war could hurt the world’s second-largest economy just when it was