Hong Kong's ADRs showed broad weakness against the local market close, with major stocks retreating across the board. Leading the declines were Tencent and Alibaba, which fell nearly 2% relative to their local market prices. Financial heavyweight HSBC, insurance giant AIA, and Hong Kong Exchanges and Clearing each shed over 1% compared to their Hong Kong market close. ATMXJ also witnessed losses against the benchmark. The underperformance of these ADRs highlights the divergence between overseas trading and local market valuations, reflecting the impact of currency fluctuations and investor sentiment differences between markets. As reported by RTHK and edited by Zhang Shimin.