The Hang Seng Index (HSI) recorded a decline of 0.57%, closing at 23,343.15 HKD as investors reacted to ongoing economic uncertainties. The Hang Seng TECH Index, which tracks major technology firms, dropped by 1.46%, ending at 5,773.48 HKD. Meanwhile, the Hang Seng China Enterprises Index (HSCEI), representing Chinese firms listed in Hong Kong, also fell by 0.48%, settling at 8,625.42 HKD. The Hang Seng China 50 Index mirrored this downward trend, slipping 0.65% to 8,388.92 USD. The drop in technology stocks weighed heavily on the market, with major companies experiencing significant losses.
Market Overview:
- Hang Seng Index: 23,343.15 HKD (-0.57%)
- Hang Seng TECH Index: 5,773.48 HKD (-1.46%)
- Hang Seng China Enterprises Index: 8,625.42 HKD (-0.48%)
- Hang Seng China 50 Index: 8,388.92 USD (-0.65%)
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any decisions.