The Hang Seng Index opened more than 1% lower, and the Hang Seng Technology Index fell 2%

Hong Kong's Hang Seng Index fell 1.1% to 23771.65 points;
The Hang Seng Tech Index fell 2.02%. Technology stocks and real estate stocks declined.
Hong Kong Hang Seng Index opens 1.1% lower, dragged by property developers and banking sector.
JD Health fell 4.8%, Bilibili fell 3.8%, Alibaba fell 3.7%, and Meituan and Tencent fell 2.4%. Sunac China fell 3%, and R&F Real Estate fell 1.2%. Evergrande Auto and Hengteng Network fell more than 3%. China Evergrande and Flower Year Holdings suspended trading.
Alibaba drops 3.65% to HK$132.00, The Fresh Low Since Its Debut in Dec 2019, 57% off The Peak.