{"id":42893,"date":"2025-01-08T09:18:33","date_gmt":"2025-01-08T03:48:33","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42893"},"modified":"2025-01-08T09:18:33","modified_gmt":"2025-01-08T03:48:33","slug":"asian-markets-hang-seng-index-drops-1-61-tech-and-healthcare-stocks-lead-declines","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/asian-markets-hang-seng-index-drops-1-61-tech-and-healthcare-stocks-lead-declines\/42893\/","title":{"rendered":"asian markets : Hang Seng Index Drops 1.61%; Tech and Healthcare Stocks Lead Declines"},"content":{"rendered":"<p>Hong Kong\u2019s major indices witnessed a sharp decline today as the Hang Seng Index fell by <strong>1.61%<\/strong>, closing at <strong>19,134.19 HKD<\/strong>. The technology-heavy <strong>Hang Seng TECH Index<\/strong> dropped <strong>2.18%<\/strong>, reaching <strong>4,259.82 HKD<\/strong>, while the <strong>Hang Seng Composite SmallCap Index<\/strong> saw the steepest fall of <strong>2.65%<\/strong>, finishing at <strong>1,138.72 HKD<\/strong>.<\/p>\n<p>Sectoral indices painted a similarly bleak picture. The <strong>Healthcare Industry Index<\/strong> plunged by <strong>2.62%<\/strong>, ending at <strong>6,941.76 HKD<\/strong>, and the <strong>Commerce & Industry Index<\/strong> declined by <strong>2.13%<\/strong>, closing at <strong>10,689.77 HKD<\/strong>. Financial stocks demonstrated some resilience, with the <strong>Hang Seng Composite Financials Index<\/strong> falling by a comparatively lower <strong>0.77%<\/strong>, ending the day at <strong>3,445.14 HKD<\/strong>.<\/p>\n<p>The <strong>Hang Seng Composite MidCap Index<\/strong> recorded a loss of <strong>2.21%<\/strong>, settling at <strong>3,577.49 HKD<\/strong>, while the <strong>Energy Index<\/strong> faced a modest dip of <strong>1.05%<\/strong>, closing at <strong>10,979.46 HKD<\/strong>. Despite these declines, trading volumes across all sectors remained stable, reflecting cautious investor sentiment amid ongoing global uncertainties.<\/p>\n<p><strong>Disclaimer:<\/strong><br \/>\nThe above content is for informational purposes only and does not constitute financial advice. Market performance is subject to fluctuations, and readers should consult financial experts for investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hang Seng Index dropped by 1.61% to 19,134.19 HKD, with Tech and Healthcare stocks leading declines. The Healthcare Industry Index fell by 2.62%, showing broad-based losses.<\/p>\n","protected":false},"author":386,"featured_media":37596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[23993,4657,23513,5071,23991,23992,22593,23990],"class_list":["post-42893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","tag-financials-index","tag-hang-seng-index","tag-healthcare-stocks","tag-hong-kong-stocks","tag-midcap-index","tag-smallcap-index","tag-stock-market-decline","tag-technology-index"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42893","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=42893"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42893\/revisions"}],"predecessor-version":[{"id":42894,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42893\/revisions\/42894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/37596"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=42893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}