--- title: "The Hang Seng Index once fell below 23,000 points, closing at 23,076 points, down 335 points" type: "News" locale: "en" url: "https://longbridge.com/en/news/290799414.md" description: "The Hong Kong Hang Seng Index once fell below the 23,000-point mark, closing at 23,076 points, down 335 points or 1.4%, hitting a new low in over a year. The technology index dropped by 1.6%. Affected by the decline in gold and oil prices, metal stocks and the three major oil companies generally fell; performance stocks like SUNNY OPTICAL and Trip.com plummeted; domestic bank stocks were under pressure due to the audit office naming violations. Some local real estate and domestic demand stocks rose against the trend" datetime: "2026-06-25T08:35:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290799414.md) - [en](https://longbridge.com/en/news/290799414.md) - [zh-HK](https://longbridge.com/zh-HK/news/290799414.md) --- # The Hang Seng Index once fell below 23,000 points, closing at 23,076 points, down 335 points Hong Kong stocks once fell below the 23,000-point mark, with the Hang Seng Index hitting a low of 22,978 points, creating a new low in over a year, down more than 430 points, closing at 23,076 points, down 335 points, a decline of 1.4%, with a main board turnover of nearly HKD 325.8 billion. The Technology Index struggled at the 4,400-point level, closing at 4,405 points, down 1.6%. ATMXJ fell nearly 2% to over 4%, with Alibaba experiencing the largest decline. Mobile device stocks were under pressure, with SUNNY OPTICAL plummeting nearly 12%, and Trip.com’s stock price dropping nearly 11% after announcing its results, making them the two largest decliners among the Hang Seng Index and Technology Index constituents. Gold prices once again fell below the USD 4,000 mark, leading to declines in metal-related stocks, with Luoyang Molybdenum and Laopo Gold dropping nearly 8% or more, and Zijin Mining and China Hongqiao falling nearly 5% or more. The three major oil companies were also dragged down by falling oil prices, with declines of over 1% to nearly 3%. Several domestic bank stocks fell nearly 2% to over 5%, as multiple domestic banks were named by the mainland auditing agency for tax violations. Hong Kong Exchanges and Clearing and AIA fell over 1% and nearly 2%, respectively. As for some local real estate, rental, and domestic demand stocks, they rose. Editor: Song Jialiang ### Related Stocks - [00883.HK](https://longbridge.com/en/quote/00883.HK.md) - [00386.HK](https://longbridge.com/en/quote/00386.HK.md) - [00857.HK](https://longbridge.com/en/quote/00857.HK.md) - [601857.CN](https://longbridge.com/en/quote/601857.CN.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [09961.HK](https://longbridge.com/en/quote/09961.HK.md) - [600938.CN](https://longbridge.com/en/quote/600938.CN.md) - [TCOM.US](https://longbridge.com/en/quote/TCOM.US.md) - [02382.HK](https://longbridge.com/en/quote/02382.HK.md) - [600028.CN](https://longbridge.com/en/quote/600028.CN.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [GLTR.US](https://longbridge.com/en/quote/GLTR.US.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [HST.SG](https://longbridge.com/en/quote/HST.SG.md) - [SLV.US](https://longbridge.com/en/quote/SLV.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [03067.HK](https://longbridge.com/en/quote/03067.HK.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [159309.CN](https://longbridge.com/en/quote/159309.CN.md) - [03032.HK](https://longbridge.com/en/quote/03032.HK.md) - [03033.HK](https://longbridge.com/en/quote/03033.HK.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [07226.HK](https://longbridge.com/en/quote/07226.HK.md) - [07552.HK](https://longbridge.com/en/quote/07552.HK.md) - [07266.HK](https://longbridge.com/en/quote/07266.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) ## Related News & Research - [Trip.com sees decelerating sales growth in Q2, faces probe by Chinese regulators](https://longbridge.com/en/news/290842670.md) - [Trip.com Group (NASDAQ:TCOM) Lowered to Neutral Rating by Macquarie Infrastructure](https://longbridge.com/en/news/290972395.md) - [PRECIOUS-Gold heads for fourth weekly drop as traders reassess Fed rate outlook](https://longbridge.com/en/news/290946673.md) - [Sinopec files HKEX next-day return disclosing share repurchase for cancellation](https://longbridge.com/en/news/290805701.md) - [UOB Kay Hian Reaffirms Their Buy Rating on Trip.com Group Ltd. (9961)](https://longbridge.com/en/news/290989911.md)