{"id":39618,"date":"2024-10-15T13:51:23","date_gmt":"2024-10-15T08:21:23","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=39618"},"modified":"2024-11-13T11:59:09","modified_gmt":"2024-11-13T06:29:09","slug":"hong-kong-market-closing-hang-seng-index-drops-3-67-tech-index-falls-4-65","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/hong-kong-market-closing-hang-seng-index-drops-3-67-tech-index-falls-4-65\/39618\/","title":{"rendered":"Hong Kong Market Closing: Hang Seng Index Drops 3.67%, Tech Index Falls 4.65%"},"content":{"rendered":"<p>The Hong Kong stock market faced a significant downturn as all major indices closed in the red on October 15, 2024. The <strong>Hang Seng Index<\/strong> fell by 3.67% to close at 20,318.79, while the <strong>Hang Seng Tech Index<\/strong> experienced a sharper decline, losing 4.65% to settle at 4,450.95. The <strong>Hang Seng China Enterprises Index<\/strong> also dropped by 3.99%, closing at 7,277.83.<\/p>\n<p><strong>Top Gainers:<\/strong><\/p>\n<ul>\n<li><strong>Sino-Life Group Limited<\/strong> surged by 144.27% to 0.320 HKD.<\/li>\n<li><strong>Autostreets Development Ltd<\/strong> jumped by 75.57% to 11.64 HKD.<\/li>\n<li><strong>Hang Pin Living Technology Co Ltd<\/strong> rose by 50.54% to 0.280 HKD.<\/li>\n<li><strong>CBK Holdings Ltd<\/strong> increased by 27.27% to 0.490 HKD.<\/li>\n<li><strong>Smart City Development Holdings Ltd<\/strong> was up 25.00% to 0.75 HKD.<\/li>\n<\/ul>\n<p><strong>Top Losers:<\/strong><\/p>\n<ul>\n<li><strong>China General Education Group Ltd<\/strong> led the declines, plunging by 53.70% to 1.44 HKD.<\/li>\n<li><strong>Tian Cheng Holdings Ltd<\/strong> fell by 35.48% to 0.100 HKD.<\/li>\n<li><strong>Man Sang International<\/strong> dropped by 28.18% to 0.79 HKD.<\/li>\n<li><strong>Shengjing Bank<\/strong> faced a significant drop of 25.50%, closing at 1.11 HKD.<\/li>\n<li><strong>Creative China Holdings Ltd<\/strong> was down 23.08% to 0.50 HKD.<\/li>\n<\/ul>\n<p>Despite some stocks showing impressive gains, the broader market sentiment remained negative, primarily driven by weak performance across tech and enterprise sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong stock market faced a significant downturn as all major indices closed in the red on October 15,\u2026<\/p>\n","protected":false},"author":399,"featured_media":6205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-39618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/39618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/399"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=39618"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/39618\/revisions"}],"predecessor-version":[{"id":39619,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/39618\/revisions\/39619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/6205"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=39618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=39618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=39618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}