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HKG:0981 16 December 2025 - 8 February 2026

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
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