The Hong Kong stock market experienced a low opening followed by an expanded decline.
The Hang Seng Index opened down by 169 points or 0.7%, standing at 23,900 points, breaching the 24,000 mark once more. The latest data reflects a drop of 377 points or 1.57%, settling at 23,692 points. The state-owned enterprise index also saw a downturn of 129 points or 1.5%, reaching 8,518 points, while the technology index reported 5,129 points, marking a decline of 103 points or 1.98%. The main board witnessed transactions exceeding 89.7 billion Hong Kong dollars.
At 10.50am, the Hang Seng Index was trading at 23,835.05, marking a decrease of 234.89 points or 0.98% today.
Source : dimsumdaily.hk
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