Hong Kong stocks closed, the Hang Seng index fell 1.36%, the index closed down 2.2%; China rare earth (00769.HK) fell more than 14%, XPeng Motors (09868.HK), Budweiser Asia Pacific (01876.HK) fell more than 6.5%, Yunfeng Financial (00376.HK) rose nearly 56%, China Biopharmaceutical (01177.HK) rose more than 19%.