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HKG:2899 16 December 2025

Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

HONG KONG — December 16, 2025: Hong Kong equities closed lower on Tuesday as a fresh wave of risk-off sentiment swept Asian markets, pushing the Hang Seng Tech Index to its weakest level since late November and reinforcing concerns that Hong Kong-listed Chinese shares could keep lagging mainland peers during a global “tech rotation.” news.rthk.hk+2MarketScreener+2 By the close, the Hang Seng Index fell 393 points to 25,235, while the Hang Seng Tech Index slipped 95 points to 5,402. Mainland gauges also retreated, with the Shanghai Composite down 1.11% and the CSI 300 down 1.2%. news.rthk.hk
16 December 2025
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Stock Market Today

  • Caution Flags for IPO Investors
    June 29, 2026, 3:49 PM EDT. Initial public offerings (IPOs) can tempt investors chasing fast returns, but records show IPOs lag big indexes such as the Russell 3000. Dimensional Fund Advisors tracked IPOs from 1992 to 2018 and found they trailed by 2.2% over the first year. Insiders and banks often set prices to suit themselves, so public investors rarely get full access to IPO shares at the offer. Academic research points out that the best IPO allocations usually never make it to the wider public. New listings also tend to struggle with a wave of capital after going public, which often works against retail investors. These points make it clear: investors should think twice before expecting quick wins from IPOs.
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