India's NIFTY IT index continued its decline, falling by 1.78%.

Major European and American stock index futures fell, with Nasdaq 100 index futures falling by more than 1%, S&P 500 index futures falling by 0.5%; European Stoxx 50 futures and German DAX index futures fell by 0.7%, and British FTSE futures fell by 0.8%.

Hong Kong stock Alibaba (09988.HK) fell below HK$100, hitting a new low since April 2025, and is now down more than 3%.

Hong Kong stocks opened higher and moved lower, with the Hang Seng Index falling 1% and the Hang Seng Technology Index falling 1.8%.

Most Hong Kong technology and Internet stocks fell, with Tencent Music (01698.HK), Bilibili (09626.HK), and JD.com (09618.HK) falling by more than 4%, Kuaishou (01024.HK) falling by more than 3%, and Xiaomi Group (01810.HK), Alibaba (09988.HK), and Tencent Holdings (00700.HK) falling by more than 2%.

U.S. White House spokesperson: U.S. President Trump will not approve an agreement that is not in the interests of U.S. national security.