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The Hang Seng Index plunged 2.7%, or 667 points, to 23,943 on Friday, marking its largest one-day decline since July 2026, as a renewed selloff in global risk assets weighed on Hong Kong shares following the National Day holiday.The decline came amid elevated US Treasury yields, with the 10-year yi…
Hong Kong stocks kicked off the fourth quarter sharply lower, with the Hang Seng Index tumbling 513 points as tech heavyweights and bank and insurance shares came under broad selling pressure.
On the surface, September 30 was a rebound day for Hong Kong stocks, but if you only look at the Hang Seng Index's 89-point gain, you might easily miss the truly important market signals of the day. The Hang Seng Index closed at 24,613.27, up 0.37%, having recovered most of its losses after dipping to 24,332.64 during…