{"id":40064,"date":"2024-11-11T08:03:15","date_gmt":"2024-11-11T02:33:15","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=40064"},"modified":"2024-11-11T08:03:15","modified_gmt":"2024-11-11T02:33:15","slug":"hong-kongs-hang-seng-index-down-2-63-amid-broad-declines-across-major-indices","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/hong-kongs-hang-seng-index-down-2-63-amid-broad-declines-across-major-indices\/40064\/","title":{"rendered":"Hong Kong\u2019s Hang Seng Index down 2.63% amid broad declines across major indices"},"content":{"rendered":"<h3><strong>Broad downturn hits Hang Seng with losses across tech, finance, and commerce sectors<\/strong><\/h3>\n<p>Hong Kong\u2019s stock market witnessed significant declines today, as major indices closed in the red amid global market uncertainties. The Hang Seng Index fell 2.63%, ending at 20,182.22 HKD. The technology-heavy Hang Seng TECH Index also posted a notable drop of 2.51%, closing at 4,551.23 HKD. Meanwhile, the Hang Seng China Enterprises Index, which represents mainland Chinese stocks, saw an even steeper decline of 2.78%, finishing at 7,254.24 HKD.<\/p>\n<h3><strong>Financial, energy, and healthcare sectors lead downward trend<\/strong><\/h3>\n<p>Sector-specific indices further illustrate the breadth of today\u2019s market slide. The Hang Seng Composite Index \u2013 Financials closed down by 2.58% at 3,521.85 HKD, marking a rough day for finance-related stocks. The energy sector also struggled, with the Hang Seng Composite Index \u2013 Energy dropping 2.53% to 10,590.57 HKD. Even the usually resilient healthcare index experienced a decrease of 1.76%, ending at 7,892.55 HKD. Commerce and Industry stocks faced one of the steepest drops, with the HSI \u2013 Commerce & Industry Index closing down by 2.71% at 11,415.84 HKD.<\/p>\n<p><strong>Disclaimer:<\/strong> Stock data presented is for informational purposes only and does not constitute financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong\u2019s stock market faced significant downturns, with the Hang Seng Index dropping 2.63% and widespread losses across sectors like finance, energy, and tech, reflecting investor caution.<\/p>\n","protected":false},"author":386,"featured_media":9417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[23317,23496,23495,23494,4657,23362,11750,5073],"class_list":["post-40064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","tag-china-enterprises-index","tag-commerce-sector","tag-energy-index","tag-financial-index","tag-hang-seng-index","tag-hong-kong-stock-market","tag-market-downturn","tag-tech-index"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40064","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\/386"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=40064"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40064\/revisions"}],"predecessor-version":[{"id":40066,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40064\/revisions\/40066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/9417"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=40064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=40064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=40064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}