Hong Kong stocks opened lower, with the Hang Seng Index down 0.2% and the Tech Index down 0.37%. Kuaishou (01024.HK) opened down nearly 6%, while Tencent Holdings (00700.HK) opened up 1.55%, after Tencent reduced its stake in Kuaishou and cashed out

2026-07-07

Hong Kong stocks opened lower, with the Hang Seng Index down 0.2% and the Tech Index down 0.37%. Kuaishou (01024.HK) opened down nearly 6%, while Tencent Holdings (00700.HK) opened up 1.55%, after Tencent reduced its stake in Kuaishou and cashed out tens of billions of Hong Kong dollars.

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