{"id":42168,"date":"2024-12-19T06:59:43","date_gmt":"2024-12-19T01:29:43","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42168"},"modified":"2024-12-19T06:59:43","modified_gmt":"2024-12-19T01:29:43","slug":"asian-markets-hang-seng-tech-index-falls-1-70-china-50-index-gains-0-67","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/asian-markets-hang-seng-tech-index-falls-1-70-china-50-index-gains-0-67\/42168\/","title":{"rendered":"Asian markets : Hang Seng TECH Index Falls 1.70%, China 50 Index Gains 0.67%"},"content":{"rendered":"<p>Hong Kong\u2019s major stock indices reflected a day of mixed movements, highlighting varied investor sentiments across sectors. The Hang Seng Index (HSI) ended the day at 19,610.10 HKD, down 1.28%, marking a significant downturn in the broader market.<\/p>\n<p>The Hang Seng TECH Index, which tracks the performance of top technology firms, witnessed a sharper fall of 1.70%, closing at 4,393.09 HKD. This drop suggests continued pressure on the tech sector amid broader market uncertainties. Similarly, the Hang Seng China Enterprises Index fell by 1.25%, landing at 7,091.28 HKD, reflecting weakness among major Chinese companies listed in Hong Kong.<\/p>\n<p>On the other hand, the Hang Seng China 50 Index displayed resilience, gaining 0.67% to close at 7,465.66 USD. This uptick indicates positive investor sentiment towards select Chinese firms. Meanwhile, the Hang Seng Composite LargeCap Index fell 1.24% to 1,800.00 HKD, while the MidCap Index dropped 1.05% to 3,757.09 HKD.<\/p>\n<p>Other indices also faced declines, with the Hang Seng Composite SmallCap Index slipping 0.61% to 1,197.11 HKD and the Healthcare Industry Index dropping 1.13% to 7,426.72 HKD. The Commerce & Industry sector bore the brunt of the day\u2019s losses, declining 1.32% to 11,056.46 HKD.<\/p>\n<p><strong>Disclaimer:<\/strong><br \/>\nStock market data is for informational purposes only and does not constitute financial advice. Investors should consult professionals before making investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong\u2019s stock market showed a mixed response today as the Hang Seng TECH Index dropped 1.70%, while the Hang Seng China 50 Index rose by 0.67%, showcasing diverse investor sentiments.<\/p>\n","protected":false},"author":386,"featured_media":7805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-42168","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\/42168","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=42168"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42168\/revisions"}],"predecessor-version":[{"id":42170,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42168\/revisions\/42170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/7805"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=42168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}