The Hong Kong stock market experienced a downturn as the Hang Seng Index slipped by 0.52% to close at 20,982.85 HKD. The market faced broad-based selling, particularly in the technology sector. The Hang Seng TECH Index also recorded a loss, dipping 0.15% to 4,661.09 HKD.
Additionally, the Hang Seng China Enterprises Index dropped 0.63% to 7,532.03 HKD, reflecting weaker sentiment towards Chinese companies listed in Hong Kong. The Hang Seng China 50 Index also declined by 0.75%, settling at 7,838.35 USD.