Asian Markets: Hang Seng Tech Index Gains 0.49% as Broader Market Stagnates

The Hang Seng Tech Index rose by 0.49% to 4,379.38 HKD, outperforming the Hang Seng Index, which fell 0.15%. Chinese enterprise stocks also slipped marginally amid market caution.

As of 11:14 AM HKT, Hong Kong’s stock market showed mixed movements, with technology shares standing out amidst a broadly cautious sentiment. The Hang Seng Tech Index closed at 4,379.38 HKD, marking a 0.49% increase and reflecting investor interest in the tech sector.

In contrast, the Hang Seng Index, which tracks broader market performance, slipped slightly by 0.15% to end the day at 19,571.18 HKD. Meanwhile, the Hang Seng China Enterprises Index also declined marginally by 0.10%, closing at 7,028.04 HKD, suggesting tepid sentiment around Chinese mainland stocks.

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