The Hang Seng China 50 Index (HSC50) concluded trading at 7,303.42, marking a rise of 41.06 points (+0.57%) at the close on November 29, 2024. This positive movement comes despite the index showing mixed performance over various timeframes.
While HSC50 achieved a 0.62% gain over the last five trading days, it saw a decline of 4.08% over the past month. The index, however, exhibited resilience in the longer term, rising 8.34% over the last six months and delivering an impressive year-to-date increase of 21.01%. Over the past year, it grew by 20.30%, reflecting strong recovery momentum. Despite these gains, the index remains down 12.25% over the last five years, underscoring a challenging long-term trend.
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