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Hang Seng Index Slides 0.88% at Open, Alibaba Plummets Over 8%
2026-08-24 /
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Author：小编
On August 24, 2026, as trading commenced on the Hong Kong stock market, the Hang Seng Index kicked off the day with a 0.88% decline, while the Hang Seng Tech Index also opened in the red, dropping by 1.11%. In terms of sectoral performance, non-ferrous metals and machinery stocks stood out as the top gainers. Notably, Zijin Mining surged by more than 3%, and Leading Intelligent Equipment saw its shares rise over 2%. Conversely, the retail and transportation sectors faced significant headwinds, with Alibaba's stock plummeting over 8% and China Merchants Port's shares falling more than 5%.
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