{"id":40864,"date":"2024-11-23T18:46:42","date_gmt":"2024-11-23T13:16:42","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=40864"},"modified":"2024-11-23T18:46:42","modified_gmt":"2024-11-23T13:16:42","slug":"market-summary-hang-seng-tech-index-falls-2-57-as-technology-stocks-decline","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/market-summary-hang-seng-tech-index-falls-2-57-as-technology-stocks-decline\/40864\/","title":{"rendered":"Market summary : Hang Seng TECH Index falls 2.57% as technology stocks decline"},"content":{"rendered":"<p>The Hong Kong stock market saw a significant decline in the technology-heavy Hang Seng TECH Index, which dropped by 2.57% to close at 4,246.20 HKD. The index opened at 4,366.18 HKD and traded within a range of 4,226.58 HKD to 4,400.54 HKD during the session.<\/p>\n<p>The downturn reflects continued pressure on the technology sector, as the index also recorded a 3.04% decline over the past five days and a 6.20% drop over the last month. Despite these short-term losses, the index has posted gains of 9.86% over six months and 11.64% year-to-date. However, on a broader scale, the index remains down by 38.73% over five years and 38.62% from its all-time high.<\/p>\n<p><strong>Disclaimer:<\/strong> This content is for informational purposes only. Please verify with official sources before making any financial decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hang Seng TECH Index closed at 4,246.20 HKD on Nov 22, down 111.95 points or 2.57%, amid subdued market sentiment in the technology sector.<\/p>\n","protected":false},"author":386,"featured_media":33648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[6556,23364,23725,5071,23723,23724,4086,7849],"class_list":["post-40864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","tag-financial-markets","tag-hang-seng-tech-index","tag-hkd","tag-hong-kong-stocks","tag-hstech-performance","tag-market-close","tag-stock-market","tag-technology-sector"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40864","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=40864"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40864\/revisions"}],"predecessor-version":[{"id":40866,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/40864\/revisions\/40866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/33648"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=40864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=40864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=40864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}