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, $BABA-SW(09988.HK)$ 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%.