HSI Opens Down Less Than 1 pt; BABA & TENCENT Wane

Hong Kong stocks opened slightly lower in the morning after 10 days of consecutive rise. $Hang Seng Index (800000.HK)$ opened 0.75 points lower at 18,577. $Hang Seng China Enterprises Index (800100.HK)$ opened 4 points or 0.06% lower at 6,568. $Hang Seng TECH Index (800700.HK)$ opened 5 points or 0.1% lower at 4,002.

For technology stocks, $BABA-W (09988.HK)$ opened falling 0.6% at $79.05, $TENCENT (00700.HK)$ opened dropping 0.8% at $367.4, $NTES-S (09999.HK)$ opened declining 1.4%, and $MEITUAN-W (03690.HK)$ and $JD-SW (09618.HK)$ opened lowering 0.2% and 0.1%. $XIAOMI-W (01810.HK)$ opened inclining 0.1%, $BIDU-SW (09888.HK)$ opened flat at $110.7, while $KUAISHOU-W (01024.HK)$ and $SENSETIME-W (00020.HK)$ opened rising 1% and 1.2%.