Hong Kong's Three Major Stock Indices All Drop Over 2%, with Hang Seng Index Hitting Near 1-Year Low and Hang Seng Tech Index Reaching Lowest Since Last April

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Hong Kong's Three Major Stock Indices All Drop Over 2%, with Hang Seng Index Hitting Near 1-Year Low and Hang Seng Tech Index Reaching Lowest Since Last April

Deep News06-18

Hong Kong's three major stock indices all experienced declines exceeding 2% in today's trading session.

The Hang Seng Technology Index fell to a low of 4,570.38 points, marking its lowest level since April of last year.

Meanwhile, the Hang Seng Index dropped to 23,749.99 points, reaching its lowest point in nearly a year.

Among the constituents of the technology index, Horizon Robotics saw a decline of over 5%.

Lenovo Group Ltd and Meituan both fell more than 4%.

Stocks including XPeng Inc, Alibaba Group Holding Ltd, Li Auto Inc, and Xiaomi Corporation all registered losses exceeding 3%.

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