Afternoon comment on Hong Kong stocks: the Hang Seng Index fell 1.57%. Tencent, Alibaba and others fell more than 3%.

[Hong Kong stock afternoon review: the Hang Seng Index fell 1.57% Tencent, Alibaba and others fell more than 3%] the Hong Kong stock index fluctuated downward in early trading, with the Hang Seng Index falling 1.57% to close at 19726.15 points and the Hang Seng Technology Index down 2.63% to close at 4122.14 points. In terms of the plate, industrial marijuana concept stocks, telecommunications concept stocks led the rise; sporting goods concept stocks, metal cobalt concept stocks led the decline. In terms of hot stocks, Tencent Holdings, Alibaba, Meituan and JD.com fell more than 3%, while Cinda Bio fell nearly 4%.