Futu News reported on April 16 that the three major indices of Hong Kong stocks were collectively declining. As of press release, the Hang Seng Index had fallen 1.58%, the Science Index had fallen 2.4%, and the National Index had fallen 1.38%.

On the sector side, TechNet stocks generally fell; Bilibili fell nearly 4%, Xiaomi and Kuaishou fell about 3%, Ali, JD, Meituan, Baidu, and NetEase fell about 2%, and Tencent rose slightly.

Auto stocks fell collectively, with NIO falling more than 10%, Ideal Auto, Xiaopeng Auto, Zero Sports Auto, and Great Wall Motor falling by more than 4%, and BYD shares falling nearly 2%.

Coal stocks rose. China Shenhua, Yankuang Energy, and China Coal Energy rose more than 1%, while Yancoal Australia rose slightly.

Apple concept stocks fell sharply. Fuzhikang Group fell more than 9%, Shunyu Optical Technology fell more than 5%, Qiu Titanium Technology fell nearly 4%, and BYD Electronics and Gaowei Electronics fell about 3%.

Gaming stocks declined, with Sands China and MGM China falling about 4%, Wynn Macau falling more than 3%, and Galaxy Entertainment and MGM China falling more than 2%.

In terms of individual stocks,$SUNNY OPTICAL (02382.HK)$It fell more than 5%. According to news, iPhone sales fell by nearly 10% in the first quarter, and may continue to be under pressure in the second quarter.

$AIA (01299.HK)$It fell by more than 4%, and the CIRAC's joint action raised concerns. The agency indicated that its stock price trend had deviated from fundamentals.

$FLAT GLASS (06865.HK)$With a drop of nearly 5%, the agency believes that the release of overall demand for photovoltaic glass falls short of expectations, and it is expected that prices will fluctuate mainly at low levels.

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