Hang Seng Index opens more than 1% lower, Hang Seng Tech Index falls 2%.

Hang Seng Index opens 1.1% lower, at 23,771.65 points.
Hang Seng Tech Index falls 2.02%. Technology and real estate stocks decline.
Hong Kong Hang Seng Index opens 1.1% lower, dragged down by property developers and banking sectors.
JD Health drops 4.8%, Bilibili drops 3.8%, Alibaba drops 3.7%, Meituan and Tencent drop 2.4%. Sunac China falls 3%, R&F Properties falls 1.2%. Evergrande Vehicle and Hengteng Network drop more than 3%. Evergrande China and Fantasia are suspended.
Alibaba drops 3.65% to HK$132.00, the lowest since its debut in December 2019, down 57% from the peak.