Hang Seng Index Reports Tech Shares Weakness And Financial Shares Decline
The Hang Seng Index started weakly, down 100 points, or 0.42%, to close at 23,791 points. The H-share index fell 32 points, or 0.37%, to close at 8,622 points, while the technology index dropped 32 points, or 0.61%, to 5,207 points.
Tech shares showed a general weakening trend with Tencent down 0.5%, Alibaba 0.8%, Meituan 1.3%, Xiaomi unchanged, and Kuaishou down 0.3%.
Financial shares were on a downward trajectory with HSBC Holdings down 0.4%, AIA Group 0.2%, China Ping An unchanged, and Hong Kong Stock Exchanges and Clearing down 1.1%.(alg)
Source: Dimsumdaily Hong Kong