At the close of Hong Kong stocks, the Hang Seng Index closed down 1.12% and the Tech Index closed down 1.46%. JD.com announced its entry into the hotel and travel industry. Meituan (03690.HK) fell 3.5% and JD.com (09618.HK) fell 1.6%. Low-priced oil and gas stocks continued to be active, with Geelystar New Energy (03395.HK) rising more than 340% and Petro-king Oilfield Services (02178.HK) rising 79%.