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HKG:0981 16 December 2025 - 8 February 2026

SMIC stock price holds near HK$78 as Fed week and China PMI loom
Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

HONG KONG — Hong Kong’s technology shares extended their pullback on Tuesday, December 16, 2025, dragging the Hang Seng Tech Index to a fresh multi-week low as investors weighed a mix of global macro unease and a burst of local policy anxiety. Alibaba and Tencent were among the biggest drags, with selling pressure intensifying intraday after a market rumor circulated about “tax recognition” involving high-tech companies—an issue that traders quickly treated as potentially earnings-sensitive despite the lack of official confirmation. TradingView+2Hong Kong Commercial Daily+2
Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

HONG KONG — December 16, 2025: Hong Kong equities closed lower on Tuesday as a fresh wave of risk-off sentiment swept Asian markets, pushing the Hang Seng Tech Index to its weakest level since late November and reinforcing concerns that Hong Kong-listed Chinese shares could keep lagging mainland peers during a global “tech rotation.” news.rthk.hk+2MarketScreener+2
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Constellation Energy

NASDAQ: CEG 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY

Walt Disney

NYSE: DIS 92 / 100
#4 ACCUMULATE

AIG

NYSE: AIG 90 / 100
#5 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 88 / 100
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Editorial model selection. Not personalised advice.