{"id":42985,"date":"2025-01-12T22:40:45","date_gmt":"2025-01-12T17:10:45","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42985"},"modified":"2025-01-12T22:40:45","modified_gmt":"2025-01-12T17:10:45","slug":"market-summary-hang-seng-index-drops-176-60-points-closes-at-19064-29-hkd","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/market-summary-hang-seng-index-drops-176-60-points-closes-at-19064-29-hkd\/42985\/","title":{"rendered":"Market summary : Hang Seng Index drops 176.60 points, closes at 19,064.29 HKD"},"content":{"rendered":"<p>The Hang Seng Index (HSI) ended lower on January 10, closing at 19,064.29 HKD, marking a decline of 176.60 points or 0.92% from the previous session. The market\u2019s downward trend reflects growing investor caution amid ongoing global economic concerns and weakening sentiment in Asia\u2019s major markets.<\/p>\n<p>Over the past week, the HSI has dropped by 3.95%, and it has seen a sharp decline of 6.57% in the past month. Year-to-date, the index is down by 4.36%, signaling a tough start to 2025 for Hong Kong\u2019s equity market. However, despite short-term declines, the HSI has gained 18.01% over the last year, driven by intermittent recoveries and strong performance in select sectors during the latter half of 2024.<\/p>\n<p>Looking at the longer-term perspective, the HSI has fallen by 33.74% over the past five years. This indicates persistent challenges in maintaining growth momentum due to factors such as the pandemic, geopolitical tensions, and volatility in global markets. However, the index\u2019s lifetime gain of 642.29% underscores its significance in the global financial landscape.<\/p>\n<p><strong>Disclaimer:<\/strong><br \/>\nThe information provided is for informational purposes only and should not be considered financial advice. Please consult a financial advisor before making investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hang Seng Index closed at 19,064.29 HKD on January 10, down 176.60 points (-0.92%). The index has declined by 4.36% year-to-date and 6.57% over the past month.<\/p>\n","protected":false},"author":386,"featured_media":34168,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-42985","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\/42985","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=42985"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42985\/revisions"}],"predecessor-version":[{"id":42996,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42985\/revisions\/42996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/34168"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=42985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}