Hong Kong stocks continued to decline in the afternoon, with the Hang Seng Index down 1% and the Hang Seng Tech Index down 0.79%. Tech stocks retreated, with Bilibili (09626.HK) falling more than 5%, and Baidu (09888.HK), Xiaomi Group (01810.HK), and Meituan (03690.HK) all falling more than 3%.