{"id":42997,"date":"2025-01-12T22:43:57","date_gmt":"2025-01-12T17:13:57","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42997"},"modified":"2025-01-12T22:43:57","modified_gmt":"2025-01-12T17:13:57","slug":"market-summary-hang-seng-tech-index-drops-1-18-to-4260-82-marking-a-7-64-decline-over-the-past-month","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/market-summary-hang-seng-tech-index-drops-1-18-to-4260-82-marking-a-7-64-decline-over-the-past-month\/42997\/","title":{"rendered":"Market summary : Hang Seng Tech Index drops 1.18% to 4,260.82, marking a 7.64% decline over the past month"},"content":{"rendered":"<p>The Hang Seng TECH Index closed lower on January 10, 2025, at 4,260.82 HKD, shedding 50.72 points or 1.18%. The performance comes as part of a continued downward trend, with the index losing 3.87% over the last five days and 7.64% in the past month. Despite these recent declines, the index has gained 24.06% year-over-year and 13.73% over the past six months. However, the long-term performance remains subdued, with a five-year and all-time drop of 38.41%.<\/p>\n<p>The year-to-date performance of the index stands at -3.97%, reflecting broader investor caution amid global market volatility. Analysts attribute the short-term losses to a mix of profit-taking by investors after a robust six-month rally and concerns about growth in the tech sector.<\/p>\n<p>Key performance highlights:<\/p>\n<ul>\n<li><strong>Daily close:<\/strong> 4,260.82 HKD (-50.72 points, -1.18%)<\/li>\n<li><strong>5-day performance:<\/strong> -3.87%<\/li>\n<li><strong>1-month performance:<\/strong> -7.64%<\/li>\n<li><strong>6-month performance:<\/strong> +13.73%<\/li>\n<li><strong>Year-to-date performance:<\/strong> -3.97%<\/li>\n<li><strong>1-year performance:<\/strong> +24.06%<\/li>\n<li><strong>5-year\/all-time performance:<\/strong> -38.41%<\/li>\n<\/ul>\n<p><em>Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Market performance is subject to risks, and investors are advised to conduct their own research.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hang Seng TECH Index closed lower on January 10, 2025, at 4,260.82 HKD, shedding 50.72 points or 1.18%. The\u2026<\/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-42997","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\/42997","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=42997"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42997\/revisions"}],"predecessor-version":[{"id":43001,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42997\/revisions\/43001"}],"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=42997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}