Stock market today: European stocks mostly down, while China's technology stocks rally

European shares opened lower Tuesday, while Chinese technology stocks surged after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry. Early European trading was mostly down, with France’s CAC 40 was down 0.18%, while Germany’s DAX dipped 0.26%. Britain’s FTSE 100 remained mostly unchanged. Hong Kong rose 1.59%, while Shanghai slipped 0.93%. Japan and South Korea rose slightly, while Australia slipped. Chinese technology stocks rallied Tuesday, with e-commerce firm Alibaba up 3% and smartphone maker Xiaomi stock price surging over 6%. Video games company Tencent and online services firm Meituan also gained. Eyes are on whether China and Hong Kong’s stock markets will continue outperforming this year.