港股
Lead report
Hang Seng Index Falls Below 18,000 as Tencent and Alibaba Target Prices Cut, Market Sentiment Sours
Hong Kong's Hang Seng Index has dropped below the key 18,000 mark, with major tech stocks Tencent and Alibaba under pressure after multiple investment banks lowered their target prices. Southbound capital flows turned negative, and defensive sectors gained favor as the market braces for further downside.