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Hong Kong stocks decline for two consecutive weeks, this year's gains evaporate
May 23, 2026
Hong Kong stocks have fallen for two consecutive weeks, and this year's gains have been wiped out
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Hang Seng Index rebounded more than 200 points on Friday (22nd), but on a weekly comparison, it still marks two consecutive weeks of decline, with a total loss of 787 points (nearly 3%), erasing all gains since the beginning of the year.
Hang Seng Index opened 255 points higher on Friday, but the early gains narrowed to less than 100 points. The market significantly surged near noon, with the highest intraday gain reaching 345 points in the afternoon, hitting 25,732 points. The Hang Seng Index ultimately closed up 219 points (0.9%), at 25,606 points, still constrained by the 250-day moving average (2 ...
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