Alibaba, JD, Baidu i NIO poniru dok China Tech dionice prate prodaju SAD-a

Chinese technology stocks fell on Friday driving the Hang Seng Index to new lows. They seemed to be following U.S. investors who have fled from the sector after a string of disappointing earnings reports. 

Alibaba


(ticker: BABA) stock was down 5% in Hong Kong, while


JD.com


(JD) fell around 7% and


Baidu


(BIDU) and


Tencent


(TCEHY) were down around 6%. The


Hang Seng Tech Index


closed down 5.6%, contributing to a fall in the


Hang Seng indeks


of 3.7%, hitting its lowest levels since April 2009.