BEIJING, January 30 (AsianFin)—Shares plunged in Hong Kong on Tuesday as investors closely watch the impact of a decision by a Hong Kong court to order the liquidation of Chinese property developer Evergrande.

The Hang Seng Index sank 2.3%, or 373 points, to 15,703. The Hang Seng IT Index slipped by 3.27% at closing. The stocks of large technology companies took a dive collectively, with Netease, Kuaishou and JD.com falling more than 4%, Tencent and Meituan down nearly 3%. Meanwhile, the stocks of several leading central state-owned enterprises tumbled on Tuesday.