Stocks in Hong Kong experienced unusual movement, with automotive stocks all dropping, with many stocks falling by more than 4%. The European Union plans to impose additional tariffs on imported plug-in hybrid vehicles from China.

According to the Wise Finance APP, automobile stocks are all declining. As of the time of publication, Great Wall Motors (02333.HK) fell by 4.75% to HK$9.62; Li Xiang Automobile-W (02015.HK) fell by 3.85% to HK$50; Xiaopeng Automobile-W (09868.HK) fell by 2.82% to HK$50.05; and Guangzhou Automobile Group (02238) fell by 2.22% to HK$2.2.