The Hang Seng China Enterprises Index (HSCEI) declined by 147.84 points, or 2.10%, to close at 6,887.05 HKD. The index opened at 7,041.29 HKD and reached an intraday low of 6,853.70 HKD, reflecting bearish sentiment across the market.
On a 5-day basis, the index fell by 2.24%, while the one-month decline stands at 6.55%. Despite the recent losses, the index has gained 3.40% over the past six months and an impressive 18.63% year-to-date. Compared to a year ago, the HSCEI shows a growth of 13.36%, although it has dropped 34.37% over the past five years.
This downturn highlights investor caution as broader market pressures and potential macroeconomic uncertainties weigh on sentiment.
Disclaimer: All stock market data is for informational purposes only and should not be construed as financial advice. Stock markets are inherently risky, and past performance is not indicative of future results.