--- title: "Hong Kong and A-shares plunged, with the Shanghai Composite Index falling more than 4.5% at one point, and Hong Kong stocks also turned downward" type: "News" locale: "en" url: "https://longbridge.com/en/news/216271750.md" description: "Hong Kong stocks plunged rapidly, with the Hang Seng TECH Index reversing its gains of over 4.5% earlier. The Hang Seng Index once fell by 1%, while the Hang Seng China Enterprises Index dropped by 1.4% at one point. A-shares also experienced a sharp decline, with the Shanghai Composite Index falling by over 4.5% at the opening, erasing almost all gains from the previous day. Currently, it is down by nearly 4%, the Shenzhen Component Index plummeted by 5%, and the ChiNext Index dropped by 6%" datetime: "2024-10-09T02:12:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/216271750.md) - [en](https://longbridge.com/en/news/216271750.md) - [zh-HK](https://longbridge.com/zh-HK/news/216271750.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216271750.md) | [繁體中文](https://longbridge.com/zh-HK/news/216271750.md) # Hong Kong and A-shares plunged, with the Shanghai Composite Index falling more than 4.5% at one point, and Hong Kong stocks also turned downward Hong Kong stocks plunged rapidly, with the Hang Seng TECH Index reversing its gains from earlier by over 4.5%. The Hang Seng Index once fell by 1%, while the Hang Seng China Enterprises Index dropped by 1.4%. A-shares also experienced a sharp decline, with the Shanghai Composite Index falling by over 4.5% at the opening, almost wiping out all gains from the previous day. Currently, it is down by nearly 4%, the Shenzhen Component Index plummeted by 5%, and the ChiNext Index dropped by 6% ### Related Stocks - [SSE Index (000001.CN)](https://longbridge.com/en/quote/000001.CN.md) - [Shenzhen Index (399001.CN)](https://longbridge.com/en/quote/399001.CN.md) - [ChiNext (399006.CN)](https://longbridge.com/en/quote/399006.CN.md) - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research - [Guangdong-HKGBA Returns to Profitability in 2025](https://longbridge.com/en/news/281116626.md) - [China PMI slows to 50.8 as cost pressures hit two-year high](https://longbridge.com/en/news/281287548.md) - [China's factory activity expands but price pressures intensify, private PMI shows](https://longbridge.com/en/news/281282781.md) - [China's market regulator: to formulate regulations prohibiting unfair competition in cyberspace](https://longbridge.com/en/news/280958805.md) - [China's new home prices rise in March; big cities see seasonal pickup, private survey shows](https://longbridge.com/en/news/281299995.md)