The Hang Seng Index eased 0.9 per cent to 26,241.83 at the close, trimming the gain for the week to 1.3 per cent. The Hang Seng Tech Index dropped 1.8 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 0.3 per cent.
Chinese technology stocks led the declines, tracking the overnight sell-off in US peers. Alibaba Group Holding slumped 3 per cent to HK$160.10, Tencent Holdings slipped 1.6 per cent to HK$634 and Kuaishou Technology tumbled 5.9 per cent to HK$68.25. Pop Mart International Group, the maker of the hit plush toy Labubu, sank 5.9 per cent to HK$204.80 after a live-streaming incident in which a company employee complained about blind-box product prices.
Hong Kong stocks ended a choppy week, swayed by…
