{"id":41942,"date":"2024-12-15T16:27:38","date_gmt":"2024-12-15T10:57:38","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=41942"},"modified":"2024-12-15T16:27:38","modified_gmt":"2024-12-15T10:57:38","slug":"market-summary-hang-seng-tech-index-drops-2-63-closing-at-4479-60-hkd","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/market-summary-hang-seng-tech-index-drops-2-63-closing-at-4479-60-hkd\/41942\/","title":{"rendered":"Market summary : Hang Seng TECH Index drops 2.63%, closing at 4,479.60 HKD"},"content":{"rendered":"<p>The Hang Seng TECH Index, which tracks technology stocks listed in Hong Kong, closed 2.63% lower at 4,479.60 HKD on December 13, as markets wrapped up trading at 15:27 (UTC+5.5). The index experienced a decline of 121.22 points for the day.<\/p>\n<p>While the daily performance was negative, the broader trajectory of the index has shown recovery in recent months. Over the past five days, the index increased by 1.14%, and it rose by 1.95% over the last month. On a six-month basis, the index posted an impressive growth of 20.19%.<\/p>\n<p>Year-to-date, the index has advanced by 17.78%, while the one-year performance reflected a strong 20% gain. However, longer-term data highlighted challenges, with the five-year performance showing a sharp decline of 35.36%. Since inception, the Hang Seng TECH Index has fallen 35.25%.<\/p>\n<p><strong>Disclaimer:<\/strong> This article is for informational purposes only and does not constitute financial advice. Please consult a financial professional before making investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hang Seng TECH Index, which tracks technology stocks listed in Hong Kong, closed 2.63% lower at 4,479.60 HKD on\u2026<\/p>\n","protected":false},"author":386,"featured_media":39651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-41942","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\/41942","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=41942"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41942\/revisions"}],"predecessor-version":[{"id":41947,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/41942\/revisions\/41947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/39651"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=41942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=41942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=41942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}