The Hang Seng Index extended its losses today, continuing a downward trend observed in recent trading sessions. Market analysts attribute the decline to a combination of factors, including concerns about global economic growth and ongoing geopolitical uncertainties.

Key Factors Influencing the Market

• Global Economic Outlook: Concerns about a potential slowdown in global economic growth are weighing on investor sentiment.
• Geopolitical Tensions: Ongoing geopolitical tensions are adding to market volatility.
• Interest Rate Hikes: Anticipation of further interest rate hikes by central banks is impacting investment decisions.

Market Performance

Several sectors experienced significant declines, with technology and finance stocks particularly affected. Investors are adopting a cautious approach, closely monitoring market developments and economic data releases.

Market participants are advised to exercise caution and conduct thorough research before making investment decisions.