Hang Seng extends losses to fourth session near 25,160
The Hang Seng Index fell about 0.9% to 25,160 on Friday for its fourth consecutive loss and its lowest level since July 24, with tech and Chinese e-commerce stocks under pressure.
9% to 25,160 on Friday, marking its fourth consecutive session of losses and hitting its lowest level since July 24, as technology stocks remained under pressure and investors stayed cautious amid lingering geopolitical uncertainty. 9%, respectively. 2% after reaching an all-time high in the previous session. 5% at the open after the e-commerce giant reported a decline in interim profit, making it the worst-performing blue-chip stock.
On the upside, Semiconductor Manufacturing International Corp. 6%. 9% in the previous quarter.