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Hang Seng Index Plunges Over 2% in Afternoon Sell-Off; Tencent and Alibaba Lead Blue-Chip Declines
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Hang Seng Index Plunges Over 2% in Afternoon Sell-Off; Tencent and Alibaba Lead Blue-Chip Declines

Hong Kong stocks tumbled on Tuesday, with the Hang Seng Index dropping over 2% in afternoon trading, led by tech heavyweights Tencent and Alibaba. The sell-off reflects a confluence of external and internal pressures, including hawkish Fed signals, weak China economic data, and regulatory concerns.

YayaNews2026-07-16 02:413 min

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