Hang Seng Index slips 48 points as Alibaba leads tech declines
Friday, February 20, 2026       08:51 WIB

20th February 2026 - (Hong Kong) Hong Kong equities resumed trading after the long holiday with modest losses, as weakness in major technology counters weighed on the broader market.
The Hang Seng Index opened 48 points, or 0.18 per cent, lower at 26,657. The Hang Seng China Enterprises Index fell 17 points, or 0.19 per cent, to 9,052, while the Hang Seng Tech Index dropped 36 points, or 0.68 per cent, to 5,330.
Technology stocks were largely in negative territory at the open. Alibaba slid 3 per cent, marking the steepest decline among the sector heavyweights. Meituan retreated 1.1 per cent, JD.com eased 0.7 per cent and Kuaishou slipped 0.4 per cent. Tencent edged down 0.2 per cent, while Xiaomi was unchanged.
Financial shares delivered a mixed performance. HSBC advanced 0.6 per cent and Hong Kong Exchanges and Clearing rose 0.2 per cent. In contrast, Ping An Insurance fell 0.9 per cent, while AIA Group traded flat in early dealings.

Sumber : Dimsumdaily.hk