Beijing, Sep 3 . .- The Hong Kong Stock Exchange closed today with a 0.45% drop in the Hang Seng, its main indicator, dragged down by the loss of steam in the technology sector.
The selective fell 112.49 points, to 25,007.60 integers, while the index that measures the behavior of mainland Chinese companies listed on the Hong Kong stock market, the Hang Seng China Enterprises, lost 0.61%.
Among the Hong Kong market sub-indices, finance (0.01%), services (0.78%) and commerce and industry (1.10%) ended with losses, while the only advance was recorded in real estate (0 , 01%).
The Hong Kong stock moved mainly in negative territory since the beginning of the day in line with the main Chinese markets, and unlike other Asian exchanges that posted strong gains in the wake of the record rises in New York the day before.
The main reason was the generalized sales in the technology sector that affected some of the heavyweights of the Hang Seng, as well as the continued commercial tensions between Washington and Beijing, negative factors that counteracted the expectations of recovery due to the progressive resumption of internal displacement in mainland China.
Hong Kong benchmark tech group Tencent lost 2.02%, and e-commerce giant Alibaba fell 2.47%.
The technological manufacturer Xiaomi yielded 7.39%, and the delivery services company Meituan, 3.52%.
In the insurance sector there was mixed luck, with an advance of 0.56% for AIA and a decrease of 0.49% for Ping An.
In finance, the largest bank in China, ICBC, lost 0.24%, compared to the 0.90% advance of the HSBC conglomerate.
The trading volume was 146,560 million Hong Kong dollars (15,984 million euros / 18,909 million dollars).