Hang Seng falls for a third consecutive session, closes near a two-month low
đ The Hang Seng Index closed on September 25 at 24,510.09, down 1.01%, marking its third straight session of losses. The Hang Seng Tech Index fell 1.13% to 4,311.78, with technology and insurance stocks continuing to weigh on the market.
đ The HSI dropped nearly 2% intraday to 24,275.56 before recovering part of its losses in the afternoon. The rebound suggests that early selling pressure eased, although the index still finished around its lowest level in roughly two months.
đ§ Market turnover was only around HKD 102.2 billion as Stock Connect was closed and mainland Chinese markets were shut for the holiday. The mainland reopening on September 28 will be the next key test for whether current selling pressure persists.
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đ The Hang Seng Index closed on September 25 at 24,510.09, down 1.01%, marking its third straight session of losses. The Hang Seng Tech Index fell 1.13% to 4,311.78, with technology and insurance stocks continuing to weigh on the market.
đ The HSI dropped nearly 2% intraday to 24,275.56 before recovering part of its losses in the afternoon. The rebound suggests that early selling pressure eased, although the index still finished around its lowest level in roughly two months.
đ§ Market turnover was only around HKD 102.2 billion as Stock Connect was closed and mainland Chinese markets were shut for the holiday. The mainland reopening on September 28 will be the next key test for whether current selling pressure persists.
#MarketInsights
$BNB
