Market summary : Hang Seng China 50 Index falls 1.18%, year-to-date losses widen to 5.72%

The Hang Seng China 50 Index closed 1.18% lower at 7,048.78, extending its year-to-date losses to 5.72%, despite maintaining a strong 23.39% gain over the past year.

The Hang Seng China 50 Index (HSC50) ended its trading session on January 10, 2025, at 7,048.78, registering a decline of 84.01 points or 1.18%. The dip extended the index’s performance over the past five days to a loss of 3.84%, and its month-to-date losses now stand at 7.36%.

Despite the recent downtrend, the index has shown resilience over the longer term, posting a substantial gain of 23.39% over the past year. However, its performance remains subdued compared to five years ago, where it reflects a 22.58% decline. Year-to-date losses have reached 5.72%, highlighting a challenging start to 2025.

The six-month data paints a more optimistic picture, with the index gaining 6.22%, signaling partial recovery and investor confidence in selective periods of market activity. Since its inception, the index has risen 12.67%, showcasing its overall value appreciation over the long run.

The index, tracking 50 of the largest Chinese companies by market capitalization, has been under pressure from ongoing macroeconomic uncertainties and global market trends, with short-term fluctuations driving its latest movements.

Disclaimer:
Stock market data and performance indicators are for informational purposes only and should not be construed as investment advice. Please consult a certified financial advisor for professional guidance.