# Hong Kong Stocks Drop 3.1% in Tech Selloff

> Hong Kong stocks plunge 3.1% as tech giants fall amid Asia-wide market fears.
- Title: Hong Kong Stocks Drop 3.1% in Tech Selloff · Malay Mail
- Summary: Hong Kong stocks plunge 3.1% as tech giants fall amid Asia-wide market fears. Hong Kong stocks dropped 3.1% Thursday due to tech sector losses from Alibaba…
- Keywords: hong kong stocks, hang seng index, alibaba, jd com, netease, tech rout, news, world, Hong, Kong, Stocks, Drop
- Source: Malay Mail — https://malaymail.com/news/money/2026/10/22/hong-kong-stocks-dive-more-than-3pc-in-tech-rout/240155
- Published: 2026-10-22T13:36:52+00:00
- Read time: 1 min
- Topics: hong kong stocks, hang seng index, alibaba, jd com, netease, tech rout, news, world
## Hong Kong Stocks Drop
Hong Kong stocks fell more than three per cent Thursday amid an Asia-wide selloff.
## Hang Seng Index Dives 3.1%
The Hang Seng Index dropped 3.1 per cent to 22,923.18 in afternoon trade.
## Alibaba Falls 6.1%
Chinese ecommerce giant Alibaba shed more than six per cent in the selloff.
## JD.com and NetEase Drop
Rival JD.com fell more than four per cent while NetEase dropped nearly seven per cent.
## Key takeaway

Hong Kong stocks dropped 3.1% Thursday due to tech sector losses from Alibaba, JD.com, and NetEase.