Hong Kong Stock Movement | Tencent (00700.HK) falls over 2% to touch the HK$400 mark; institutions expect short-term depreciation to continue weighing on financial performance.

Zhitong Finance APP has learned that Tencent Holdings (00700.HK) fell more than 2% in the afternoon, touching the HK$400 mark, with a cumulative decline of more than 30% during the year. As of press time, it fell 2.29% to HK$401, with a turnover of HK$7.884 billion.