--- title: "The Hang Seng Index fell 2.78% at midday, and the Hang Seng TECH Index dropped 1.96%" type: "News" locale: "en" url: "https://longbridge.com/en/news/277721037.md" description: "36Kr learned that the Hang Seng Index fell 2.78% during the midday break, and the Hang Seng TECH Index dropped 1.96%; the oil and petrochemical, non-bank financial, and transportation sectors led the decline, with CHK OIL down over 38%, VONGROUP down over 16%, and COSCO SHIP ENGY down over 11%; southbound funds had a net purchase of HKD 363 million" datetime: "2026-03-04T04:07:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277721037.md) - [en](https://longbridge.com/en/news/277721037.md) - [zh-HK](https://longbridge.com/zh-HK/news/277721037.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277721037.md) | [繁體中文](https://longbridge.com/zh-HK/news/277721037.md) # The Hang Seng Index fell 2.78% at midday, and the Hang Seng TECH Index dropped 1.96% 36Kr learned that the Hang Seng Index fell 2.78% during the midday break, and the Hang Seng TECH Index dropped 1.96%; the oil and petrochemical, non-bank financial, and transportation sectors led the decline, with CHK OIL down over 38%, VONGROUP down over 16%, and COSCO SHIP ENGY down over 11%; southbound funds had a net purchase of HKD 363 million ### Related Stocks - [COSCO SHIP ENGY (01138.HK)](https://longbridge.com/en/quote/01138.HK.md) - [VONGROUP (00318.HK)](https://longbridge.com/en/quote/00318.HK.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) - [CHK OIL (00632.HK)](https://longbridge.com/en/quote/00632.HK.md) ## Related News & Research - [Cosco Shipping Energy Transportation responds to unusual share price moves](https://longbridge.com/en/news/277596582.md) - [ROI-Iran war exposes 60-40 portfolio frailty: McGeever](https://longbridge.com/en/news/277633936.md) - [Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp](https://longbridge.com/en/news/276972290.md) - [A full Strait of Hormuz blockage and 20% fall in supply could push oil over $100/bbl, Commerzbank says](https://longbridge.com/en/news/277608446.md) - [A Look At SITC International Holdings (SEHK:1308) Valuation As Board Meeting And Dividend Decision Approach](https://longbridge.com/en/news/277416454.md)