This week, Hong Kong stocks underperformed, with the $HSI(HSI)$ falling 2.46%.Several negative news events contributed to this slump:1.Robot Investment PullbackFamous investor Zhu Xiaohu announced he is exiting investments in humanoid robots due to unclear commercialization, shaking up the industry and cooling tech stock hype.2.Xiaomi’s Tragic IncidentOn Tuesday, a deadly crash involving the $XIAOMI-W(01810)$ SU7 raised doubts about the company’s autonomous driving features. Three people died, and Xiaomi faced public backlash, resulting in two consecutive days of sharp stock price declines.3.Trump’s Tariff OrdersOn Thursday, President Trump signed two executive orders imposing "reciprocal tariffs" on 40+