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Indonesia News Portal for Traders | Financial & Business Updates

10 March 2025 15:12  |

Hang Seng Index Drops 1.8%; Alibaba Leads Declines

The Hang Seng Index fell for a second day, dropping 1.8%, or 447.81, to 23,783.49 in Hong Kong. It was the biggest decline since it dropped 3.3% on Feb. 28.

Alibaba Group Holding Ltd. contributed the most to the index’s decline, dropping 3.9%. Shenzhou International Group Holdings Ltd. was the biggest decliner, dropping 5.4%.

On the day, 59 of 83 stocks fell, while 21 rose; all sectors fell, led by trade and industrial stocks.

Source: Bloomberg

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