[Alibaba, Kuaishou pace HK stock losses on tech earnings outlook while Beijing faces tighter Covid rules] Hong Kong stocks fell from a two-week high amid concerns about earnings slippage on Covid-19 lockdowns as XPeng, Kuaishou and Alibaba Group Holding prepare to issue their report cards this week. Beijing also stoked concerns about tighter social mobility controls. The Hang Seng Index retreated 1.4 per cent to 20,437.73 as of 3.20pm local time, paring nearly half of last week’s 4.1 per cent rally. The Tech Index fell 2.7 per cent, while the CSI300 Index retreated 0.6 per cent. Alibaba Group Holding, the…