Tech stocks sink in Hong Kong on concerns Tencent to divest more investments while Alibaba slips on antitrust fine

• Tencent pared its stake in Sea Limited, a Singapore-based consumer tech firm listed in the US, following a plan to offer its stake in JD.com as special dividend
• Declines in Meituan, Kuaishou and Bilibili, all partly owned by Tencent, have pushed the market towards its worst start to a year since 2005