Hong Kong stocks open: Hang Seng Index down 2.65%, Hang Seng Tech Index down 3.79%

Hong Kong stocks opened lower, with the Hang Seng Index down 2.65% and the Hang Seng Tech Index down 3.79%. Oil and gas resource stocks all opened higher, with China Petroleum Corporation up 7.02%, Sinopec Oilfield Services up 14.66%, and CNOOC up 8.04%. Most tech stocks declined, with Baidu Group-SW down 6.28% at open and Bilibili-W down 5.57%.

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