--- title: "STOCKS | Hong Kong's Hang Seng Index Declines Amid Market Volatility" description: "On February 26, Hong Kong's Hang Seng Index opened over 200 points higher but reversed to a decline, falling 0.39% to 26,661.20 points. The Hang Seng Tech Index dropped 1.65%. Market turnover reached " type: "news" locale: "en" url: "https://longbridge.com/en/news/276986335.md" published_at: "2026-02-26T05:16:08.000Z" --- # STOCKS | Hong Kong's Hang Seng Index Declines Amid Market Volatility > On February 26, Hong Kong's Hang Seng Index opened over 200 points higher but reversed to a decline, falling 0.39% to 26,661.20 points. The Hang Seng Tech Index dropped 1.65%. Market turnover reached HKD 130.935 billion. Sectors like power and commercial aerospace gained, while lithium battery and biopharmaceutical sectors declined. Notable stock movements included CK Asset Holdings up 2.32% and CK Hutchison Holdings up 3.79%, following the sale of CK Hutchison's UK power grid business for over HKD 110 billion. Technology stocks showed weak performance overall. On February 26, the Hang Seng Index opened over 200 points higher, gaining nearly 1% before quickly reversing to a decline, according to Jin10. By midday, the index had fallen 0.39% to 26,661.20 points, while the Hang Seng Tech Index dropped 1.65% to 5,173.65 points. The market turnover reached HKD 130.935 billion. In sector performance, the power, optical communication, and commercial aerospace sectors led gains, while lithium battery and biopharmaceutical sectors experienced declines. Technology stocks showed weak performance. Among individual stocks, CK Asset Holdings (01113.HK) rose 2.32%, CK Hutchison Holdings (00001.HK) increased by 3.79%, and Power Assets Holdings (00006.HK) gained 5.3%. The gains followed news of CK Hutchison's sale of its UK power grid business, netting over HKD 110 billion. Yangtze Optical Fibre and Cable (06869.HK) rose 4.65%, while Contemporary Amperex Technology (03750.HK) fell 5.53%, and WuXi AppTec (02359.HK) declined 1.9%. ### Related Stocks - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) - [CKHUY.US - CK Hutchison Holdings](https://longbridge.com/en/quote/CKHUY.US.md) - [07300.HK - FI CSOP HSI](https://longbridge.com/en/quote/07300.HK.md) - [03032.HK - HSTECH ETF](https://longbridge.com/en/quote/03032.HK.md) - [03088.HK - CAM HS TECH](https://longbridge.com/en/quote/03088.HK.md) - [07500.HK - FI2 CSOP HSI](https://longbridge.com/en/quote/07500.HK.md) - [03115.HK - ISHARESHSI](https://longbridge.com/en/quote/03115.HK.md) - [02800.HK - TRACKER FUND](https://longbridge.com/en/quote/02800.HK.md) - [03037.HK - CSOP HSI ETF](https://longbridge.com/en/quote/03037.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | CK Hutchison says it will continue to consult with their legal advisors regarding the ruling and "forceful takeover" | CK Hutchison says it will continue to consult with their legal advisors regarding the ruling and "forceful takeover" | [Link](https://longbridge.com/en/news/276678980.md) | | Budget reveal: government turns matchmaker with stronger hand in shaping economy | Hong Kong's finance chief unveiled a robust budget with a HK$2.9 billion surplus, marking a shift towards a more active | [Link](https://longbridge.com/en/news/276966696.md) | | HK budget - govt forecasts 2026 underlying inflation at 1.7% | HK budget - govt forecasts 2026 underlying inflation at 1.7% | [Link](https://longbridge.com/en/news/276823839.md) | | Hong Kong hikes stamp duty for luxury homes as sales rebound | Hong Kong is increasing stamp duty on luxury home transactions over HK$100 million from 4.25% to 6.5%, as announced by F | [Link](https://longbridge.com/en/news/276841752.md) | | A Look At CK Hutchison Holdings (SEHK:1) Valuation After Recent Share Price Momentum | CK Hutchison Holdings (SEHK:1) has gained investor attention due to a strong share price performance, with a 19.3% retur | [Link](https://longbridge.com/en/news/276191173.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.