(Bloomberg) -- Chinese technology shares were on pace to snap a four-day rally, as investors remained wary over new clampdowns coupled with the impact of Alibaba Group Holding Ltd.’s large donation on its balance sheet. The Hang Seng Tech Index dropped 1.2% as of 11:37 a.m. in Hong Kong, in part led by Alibaba Group, which fell as much as 4.1%. The decline came on concerns that the e-commerce giant’s $15.5 billion pledge to Beijing’s “common prosperity” vision would hit profits in coming years.