Tencent Music drops 12.55% as Hong Kong stocks close lower

Hong Kong stocks ended lower, with the Hang Seng Index closing down 0.83% and the Hang Seng Tech Index falling 0.99%. Most technology shares came under selling pressure, and Tencent Music Entertainment Group shares, trading as 01698.HK, dropped 12.55% after its earnings release, according to Gate market data.

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Tencent Music drops 12.55% as Hong Kong stocks close lower - CoinPost Terminal