Global markets, explained fast.

Advertisement

Alibaba

Hang Seng Tech Crashes to a Two-Year Low: Alibaba Below HK$100, Tencent in Free Fall

2026-10-21

The Hang Seng Tech Index plunged more than 4% in Hong Kong's morning session on Thursday, October 22, falling to 3,829.18 points — its lowest level since September 2024. Alibaba dropped 5.3% to HK$...

Advertisement