According to the Hong Kong Daily News, the Hang Seng Index fell by 641 points; the Hang Seng Tech Index dropped by 243 points. Meituan fell by over 4%, Alibaba fell by over 4%, and Xiaomi Corporation fell by over 3%. Trading was active

The Hang Seng Index closed at 25,247 points, down 641 points or 2.5%. The Hang Seng Tech Index reported 5,760 points, down 243 points or 4.1%. The National Index fell 247 points or 2.7%, closing at 9,011 points. The total market turnover was HKD 314.624 billion.

Performance of active heavyweights:

Meituan (03690.HK) closed at HKD 94.5, down 4.3%;

Alibaba (09988.HK) closed at HKD 154.4, down 4.2%;

Xiaomi Corporation (01810.HK) closed at HKD 45.96, down 3.6%;

Ping An (02318.HK) closed at HKD 53.7, down 3.2%;

Hong Kong Stock Exchange (00388.HK) closed at HKD 414, down 2.5%;

Tencent (00700.HK) closed at HKD 608, down 1.9%;

China Construction Bank (00939.HK) closed at HKD 7.62, unchanged;

Movements in Hang Seng Index and National Index constituent stocks:

BYD Electronics (00285.HK) closed at HKD 37.74, down 8.1%;

Xinyi Solar (00968.HK) closed at HKD 3.43, down 6.8%;

SMIC (00981.HK) closed at HKD 69.1, down 6.5%;

China Life (02628.HK) closed at HKD 22.96, down 5.7%;

JD Health (06618.HK) closed at HKD 60.75, down 5.4%;

New Oriental (09901.HK) closed at HKD 43.24, down 5.4%;

Sunny Optical (02382.HK) closed at HKD 76.2, down 5.2%;

Chow Tai Fook (01929.HK) closed at HKD 16.52, up 5%;

China National Pharmaceutical (01177.HK) closed at HKD 7.28, down 5%;

Geely (00175.HK) closed at HKD 18.38, down 4.5%;

Pop Mart (09992.HK) closed at HKD 275.4, down 4.4%;

XPeng (09868.HK) closed at HKD 79.2, down 4.3%;

Baidu Group - SW (09888.HK) closed at HKD 112.9, down 4.2%;

WuXi Biologics (02269.HK) closed at HKD 35.16, down 4.1%;

BYD Company (01211.HK) closed at HKD 103.2, down 4.1%;

WuXi AppTec (02359.HK) closed at HKD 101.7, down 4.1%;

Stone Pharmaceutical (01093.HK) closed at HKD 8.76, down 4.1%;

Alibaba Health (00241.HK) closed at HKD 5.92, down 4%;

Kuaishou - W (01024.HK) closed at HKD 72.95, down 4%; Li Auto (02015.HK) closed at HKD 84.95, down 3.8%;

BeiGene (06160.HK) closed at HKD 183, down 3.7%;

NetEase (09999.HK) closed at HKD 223.8, down 3.5%;

JD Logistics (02618.HK) closed at HKD 12.07, down 3.1%;

JD Group (09618.HK) closed at HKD 124.1, down 3.1%;

Lenovo Group (00992.HK) closed at HKD 11.16, down 3%;

Notable movements in small and mid-cap stocks:

Zhongyu Energy (03633.HK) closed at HKD 4.03, up 25.9%;

WuXi AppTec - B (02617.HK) closed at HKD 203, up 22.2%;

HuiJu Technology (01729.HK) closed at HKD 12.95, down 13%;

ZTE (00763.HK) closed at HKD 37.5, down 12.8%;

Black Sesame Intelligence (02533.HK) closed at HKD 19.86, down 11.3%;

China General Nuclear Power Corporation Mining (01164.HK) closed at HKD 3.42, down 11.2%;

FIT HON TENG (06088.HK) closed at HKD 5.46, down 10.3%;