Hong Kong’s stock market faced a downturn as all major indices reported losses on Tuesday. The Hang Seng Index (HSI) dropped 0.67% to 20,651.15 HKD, reflecting investor concerns over global economic conditions.
The Hang Seng TECH Index also declined by 0.78% to 4,938.72 HKD, with technology stocks witnessing a sell-off amid market uncertainty. Similarly, the Hang Seng China Enterprises Index (HSCEI) fell 0.93% to 7,572.47 HKD, indicating weaker investor sentiment towards Chinese companies listed in Hong Kong. The Hang Seng China 50 Index (HSCEI 50) saw the largest dip, dropping 1.04% to 7,501.09 USD.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Readers should conduct their own research before making investment decisions.