According to Futu News on March 5, the Hang Seng Index opened 569 points lower to 28667 points, falling below the 29000 point level. As of press time, it is now down 0.6% at 29046 points.

NetEase, Inc has risen, and is now up 0.48 per cent. BABA fell 0.44% to HK $226.2.

Tencent fell 0.65%. As of March 5, Tencent's latest Bull Bear Street goods ratio is 92.5 Rd 7.5. According to Futu data, Niuzheng Street heavy cargo area in the recovery price range of HK $63-639.99, the latest number of shares in this range is 474000 shares, an increase of 11000 shares over the previous trading day.

Meituan fell 0.82% and rose at one point in intraday trading. According to App, Beijing Sankuai Technology Co., Ltd. recently applied to register the trademarks of "Meituan supermarket", "Meituan vegetable Life supermarket" and "Meituan Torch". The application date is February 2021, and the international classification involves catering, accommodation, office supplies, scientific instruments, etc., and the current trademark status is "trademark application".

XIAOMI fell by more than 2%. HK $24.65. At one point, it fell by more than 6%. Qualcomm Inc reportedly released a series of new chips to connect wireless stereos and headphones on March 4, aimed at helping Android phone makers compete with Apple Inc's wireless headphones. Qualcomm Inc also said that Audio-Technica and XIAOMI will be the first customers of the new chips, which are expected to be used in mobile phones and headphones this summer.

Other stocks, Semiconductor Manufacturing International Corporation and Huahong fell more than 2%, China Literature and Ping An Healthcare And Technology fell more than 3%.