Hang Seng Plunges to Close at 5-Week Low
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The Hang Seng index dropped 615 points, or 2.4%, to 25,220, marking a 5-week low. Losses were broad-based, with tech, consumer, property, and financial sectors falling sharply. Hong Kong's markets fell 5.1% weekly amid Tokyo-Beijing tensions. Major decliners included JD Health, SMIC, China Hongqiao, and Galaxy Entertainment.
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