---
title: "Hong Kong Stock Market Closing Review: Hong Kong stocks experienced a wide-ranging adjustment throughout the day, with Chinese brokerage stocks leading the decline in the market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216299154.md"
description: "The Hong Kong stock market experienced wide fluctuations throughout the day, opening high in the morning but quickly dropping by 700 points. Stimulated by news in the afternoon, it briefly turned positive before falling again. Trading volume remained high, with overall active trading. The Hang Seng TECH Index fluctuated by over 400 points throughout the day, ending the session underwater. At the close of trading today, the Hang Seng Index fell by 1.38% to 20,637.24 points. The Hang Seng TECH Index also fell by 1.17% to 4,640.75 points, with the total turnover of the Hang Seng Index at HKD 427.014 billion (compared to HKD 620.438 billion in the previous trading day). In terms of market performance, most sectors were in the red, with Chinese brokerage stocks leading the decline in the market. The semiconductor sector remained in consolidation, searching for direction, while automotive stocks and Apple-related concepts performed well against the market trend. In terms of individual stocks, Shenwan Hongyuan fell by 18.21%, SMIC remained flat, and GoerTek Electronics rose by 3.30%"
datetime: "2024-10-09T08:11:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216299154.md)
  - [en](https://longbridge.com/en/news/216299154.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216299154.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216299154.md) | [繁體中文](https://longbridge.com/zh-HK/news/216299154.md)


# Hong Kong Stock Market Closing Review: Hong Kong stocks experienced a wide-ranging adjustment throughout the day, with Chinese brokerage stocks leading the decline in the market

Jinshi Data News on October 9th: The Hong Kong stock market experienced wide fluctuations throughout the day. After opening high and falling sharply by 700 points in the morning, stimulated by news, it briefly turned higher in the afternoon but failed to sustain the upward momentum and turned lower again. The market maintained a high trading volume, with overall active trading. The Hang Seng TECH Index fluctuated by over 400 points throughout the day, ending the session underwater. As of the closing today, the Hang Seng Index fell by 1.38% to 20,637.24 points. The Hang Seng TECH Index dropped by 1.17% to 4,640.75 points, with the total turnover of the Hang Seng Index at HKD 427.014 billion (compared to HKD 620.438 billion in the previous trading day). On the market front, most sectors were in the red, with Chinese brokerage stocks leading the decline in the market, the semiconductor sector consolidating as it continues to seek direction, and automotive stocks and Apple concepts performing well against the market trend. In terms of individual stocks, Shenwan Hongyuan (06806.HK) fell by 18.21%, SMIC (00981.HK) remained flat, and GoerTek (01415.HK) rose by 3.30%

### Related Stocks

- [Shenwan Hongyuan (000166.CN)](https://longbridge.com/en/quote/000166.CN.md)
- [SWHY (06806.HK)](https://longbridge.com/en/quote/06806.HK.md)
- [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md)

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