Hong Kong stocks plummeted on Friday as fears surrounding the Japanese earthquake rippled through the market. The Hang Seng Index experienced a significant drop, reflecting investor anxiety about the potential economic consequences of the disaster.

Market analysts cited concerns about the impact on global supply chains and the overall economic outlook for the region. The earthquake’s severity and the subsequent tsunami have raised questions about the stability of the Japanese economy and its potential impact on international trade.

Specific sectors particularly affected included:

• Technology
• Manufacturing
• Financial Services

Investors are closely monitoring the situation in Japan and assessing the potential long-term implications for the global economy. Further market volatility is expected in the coming days as the full extent of the damage becomes clearer.