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Indonesia News Portal for Traders | Financial & Business Updates

2 January 2025 15:57  |

Hang Seng Index Down 2.2%; Trade Sector Led

The Hang Seng Index fell 2.2% to 19,623.32 in Hong Kong. The decline was the biggest since a 2.8% drop on Nov. 12 and followed a 0.1% gain in the previous session.

Today, trade and industrial stocks led the market lower, as all sectors lost; 82 of 83 stocks fell, while 1 rose.

Alibaba Group Holding Ltd. contributed the most to the index’s decline, dropping 1.3%. Semiconductor Manufacturing International Corp. was the biggest decliner, down 8.8%.

Source: Bloomberg

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