On January 7, 2026, as the Hong Kong stock market commenced trading for the day, the Hang Seng Index registered a decline of 0.41%, while the Hang Seng Tech Index also witnessed a drop, albeit a slightly milder one at 0.28%. Notably, tech giants Alibaba and NIO saw their share prices plummet by more than 2%, with Li Auto and several other stocks also featuring prominently among the day's top decliners. In contrast, shares of Hua Hong Semiconductor and SMIC exhibited resilience, with their stock prices showing signs of strengthening.
