According to Futu News on Sept. 7, the Hang Seng Technology Index fell sharply in early trading and is now down 299 points or 3.95% at 7288 points. Semiconductor Manufacturing International Corporation fell more than 20%, accounting for 5.96% of the Hang Seng Technology Index, which dragged down 1% of the Hang Seng Technology Index.

Among the constituent stocks in the Hang Seng Technology Index, Semiconductor Manufacturing International Corporation fell 20.08 per cent, Hua Hong Semiconductor 9.4 per cent, BYD Electronic 8.5 per cent and Qiu Ti Technology 6.6 per cent.

Meituan fell 3.51%. XIAOMI and BABA were officially included in the Hang Seng Index today, while XIAOMI, BABA and Meituan were included in the National Index.

XIAOMI fell 1.84%. XIAOMI Group announced on the Hong Kong Stock Exchange on September 4 that the board of directors has granted a total of 218 million share options to those who have contributed to the group under the post-IPO share option scheme. Share option holders can exercise their rights at a price of HK $24.50 per share. The share options are valid for up to ten years. Among them, Zhou, executive director of XIAOMI Group, received 100 million share options.

BABA fell by 1.02%. Zhang Yong, chairman of the board and CEO of BABA Group, said that after years of efforts, BABA's domestic consumers have reached nearly 1 billion, and the annual scale of overseas consumers has also reached 180 million. "We have a longer-term goal: by 2036, we want to be able to serve 2 billion consumers around the world. "

Tencent fell 0.39%. Sensor Tower released a list of the world's most popular mobile apps in August, and Tencent Video ranked TOP4.

Other new economy stocks, Zhongan Online fell 4.45%, Alibaba Health Information Technology fell 4.21%.

Market source: Futu Securities >