Asian Market update : Hang Seng Index slips 0.12% to 19,127.44 as market struggles

The Hang Seng Index declined by 0.12% to 19,127.44 HKD, with the Hang Seng Tech Index falling 0.05%. Chinese enterprise stocks slid further by 0.28%, continuing market losses.

Hong Kong’s major indices closed in the red, reflecting a subdued trading session marked by broader market concerns. The Hang Seng Index dropped 0.12%, finishing at 19,127.44 HKD.

Technology stocks saw minor losses, with the Hang Seng Tech Index slipping by 0.05% to 4,233.40 HKD. This comes amidst cautious investor sentiment in the tech sector.

Meanwhile, the Hang Seng China Enterprises Index recorded the steepest decline among the major indices, losing 0.28% to close at 6,842.86 HKD. The Hang Seng China 50 Index also edged lower, falling 0.18% to 7,187.28 USD, as Chinese blue-chip stocks continued to face downward pressure.

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