<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/09/chainlink-ubs-hong-kong.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1152" height="720" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/09/chainlink-ubs-hong-kong.png"/></p>
<p>恒生指数在过去几周承压，因为香港的科技公司暴跌。它跌至 26,300 美元，较今年最高点下跌超过 5%。</p>
<h2>恒生科技股崩盘</h2>
<p>恒生指数回落，因为许多科技股在今年继续自由下跌，受到估值和人工智能担忧的影响。</p>
<p>携程网的股票今年暴跌 21%，成为恒生指数中表现最差的股票。网易的股票下跌 13%，而小米、美团、腾讯和京东的股票今年均下跌超过 5%。</p>
<p>备受关注的恒生科技指数暴跌至 5,300 美元，较去年 9 月的最高点下跌 20%，这意味着它已进入熊市。</p>
<p>持续的崩盘也反映了美国科技公司的情况，今年它们大幅下滑，抹去了数十亿美元的市值。NVIDIA 的股价跌至 <strong>$</strong> 170，较 2025 年的最高点下跌 20%。</p>
<p>同样，Palantir 的股价从历史最高点 208 美元跌至 130 美元，这一变动抹去了数十亿美元的市值。微软的股价从历史最高点 553 美元跌至 393 美元。</p>
<p>软件类股票如 ServiceNow、Intuit、Oracle 和 Atlassian 受到的影响最大，许多股票从历史最高点下跌超过 50%。</p>
<p>与此同时，恒生指数中的价值股表现较好。新鸿基地产的股票今年飙升 32%，因为中国暗示将取消房地产市场的三条红线。这三条规则包括负债与资产、债务与股本以及现金与短期债务比率的要求。</p>
<p>信义玻璃上涨 29%，而泡泡玛特、中国人寿、港铁公司和长江和记实业的股票今年均上涨超过 20%。</p>
<p>这种从成长股向价值股的轮换也发生在美国，像施瓦布美国股息股票 ETF（SCHD）和先锋价值 ETF（VTV）等受欢迎的价值 ETF 已飙升至历史新高。</p>
<p>恒生指数中的科技股在中国宣布一些税收增加后也出现暴跌。中国宣布对互联网服务如游戏和电子商务提高增值税。</p>
<p>恒生指数还对对伊朗的潜在攻击作出了反应。美国驻伊朗虚拟大使馆发布声明，发出安全警报，要求在伊朗的美国公民离开该国，这表明特朗普计划攻击该国，而伊朗警告称这威胁到地区战争。</p>
<h2>恒生指数技术分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/02/Hang-Seng-Index-1024x601.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1024" height="601" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/02/Hang-Seng-Index-1024x601.png"/></p>
<p><em>恒生指数图表 | 来源：TradingView</em></p>
<p>日线图显示，恒生指数从今年早些时候的 28,075 美元高点崩跌至当前的 26,580 美元。它跌破了 27,425 美元的关键支撑位，这是去年 10 月的最高水平。</p>
<p>超级趋势指标已从绿色转为红色，而大多数振荡器今年继续向下移动。</p>
<p>因此，最可能的情景是指数继续下跌，下一个关键目标是 26,000 美元的心理关口。</p>
<p>这篇文章最初出现在 Invezz 上，标题为《恒生指数岌岌可危，因中国科技股暴跌和人工智能担忧》。</p>

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恒生科技指数

恒生指数

<p>恒生指数近期面临重大压力，因香港科技股暴跌，跌幅超过 5%，最低触及 26,300 美元。恒生科技指数已进入熊市，自 9 月高点下跌 20%。显著的下跌包括携程网（-21%）、网易（-13%）以及主要的美国科技股如 NVIDIA 和微软。相比之下，像新鸿基地产这样的价值股表现良好，今年上涨了 32%。该指数的下跌还受到中国税收增加和与伊朗的地缘政治紧张局势的影响</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/09/chainlink-ubs-hong-kong.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/09/chainlink-ubs-hong-kong.png"/></p>
<p>The Hang Seng Index has come under pressure in the past few weeks as Hong Kong’s technology companies plunged. It dropped to a low of $26,300, down by over 5% from its highest level this year.</p>
<div class="lb-trans"><p>恒生指数在过去几周承压，因为香港的科技公司暴跌。它跌至 26,300 美元，较今年最高点下跌超过 5%。</p>
</div><h2>Hang Seng technology stocks are crashing</h2>
<div class="lb-trans"><h2>恒生科技股崩盘</h2>
</div><p>The Hang Seng Index has pulled back as many technology stocks continue their freefall this year amid valuation and AI concerns.</p>
<div class="lb-trans"><p>恒生指数回落，因为许多科技股在今年继续自由下跌，受到估值和人工智能担忧的影响。</p>
</div><p>Trip.com stock has plunged by 21% this year making it the worst performer in the Hang Seng Index this year. NetEase stock dropped by 13%, while Xiaomi, Meituan, Tencent, and Jd have plunged by over 5% this year.</p>
<div class="lb-trans"><p>携程网的股票今年暴跌 21%，成为恒生指数中表现最差的股票。网易的股票下跌 13%，而小米、美团、腾讯和京东的股票今年均下跌超过 5%。</p>
</div><p>The closely-watched Hang Seng Tech Index crashed to $5,300, down by 20% from its highest level in September last year, meaning that it has now entered a bear market.</p>
<div class="lb-trans"><p>备受关注的恒生科技指数暴跌至 5,300 美元，较去年 9 月的最高点下跌 20%，这意味着它已进入熊市。</p>
</div><p>The ongoing crash also mirrors that of American technology companies, which have slumped sharply this year, erasing billions of dollars in value. NVIDIA’s stock price dropped to <strong>$</strong> 170, down by 20% from its highest level in 2025.</p>
<div class="lb-trans"><p>持续的崩盘也反映了美国科技公司的情况，今年它们大幅下滑，抹去了数十亿美元的市值。NVIDIA 的股价跌至 <strong>$</strong> 170，较 2025 年的最高点下跌 20%。</p>
</div><p>Similarly, Palantir’s stock price dropped to $130 from the all-time high of $208., a move that has erased billions of dollars in value. Microsoft dropped to $393 from the all-time high of $553.</p>
<div class="lb-trans"><p>同样，Palantir 的股价从历史最高点 208 美元跌至 130 美元，这一变动抹去了数十亿美元的市值。微软的股价从历史最高点 553 美元跌至 393 美元。</p>
</div><p>Software stockslike ServiceNow, Intuit, Oracle, and Atlassian have been the most affected, with many of them falling by over 50% from their all-time highs.</p>
<div class="lb-trans"><p>软件类股票如 ServiceNow、Intuit、Oracle 和 Atlassian 受到的影响最大，许多股票从历史最高点下跌超过 50%。</p>
</div><p>Meanwhile, value stocks in the Hang Seng Index are doing better. Sun Hung Kai Properties’ stock soared by 32% this year after China hinted that it would remove the three red lines in the property market. The three rules included features on the liability-to-assets, debt-to-equity, and cash-to-short-term debt ratio.</p>
<div class="lb-trans"><p>与此同时，恒生指数中的价值股表现较好。新鸿基地产的股票今年飙升 32%，因为中国暗示将取消房地产市场的三条红线。这三条规则包括负债与资产、债务与股本以及现金与短期债务比率的要求。</p>
</div><p>Xinyi Glass jumped by 29%, while Pop-Mart, China Life Insurance, MTR Corporation, and CK Hutchinson rose by over 20% this year.</p>
<div class="lb-trans"><p>信义玻璃上涨 29%，而泡泡玛特、中国人寿、港铁公司和长江和记实业的股票今年均上涨超过 20%。</p>
</div><p>This rotation from growth to value is happening in the United States, where popular value ETFs like the Schwab US Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV) have jumped to a record high.</p>
<div class="lb-trans"><p>这种从成长股向价值股的轮换也发生在美国，像施瓦布美国股息股票 ETF（SCHD）和先锋价值 ETF（VTV）等受欢迎的价值 ETF 已飙升至历史新高。</p>
</div><p>The technology stocks in the Hang Seng Index are also plunging after China announced some tax increases in the country. China announced a VAT increase on internet services like games and e-commerce.</p>
<div class="lb-trans"><p>恒生指数中的科技股在中国宣布一些税收增加后也出现暴跌。中国宣布对互联网服务如游戏和电子商务提高增值税。</p>
</div><p>The Hang Seng Index also reacted to a potential attack on Iran. In a statement, the US Virtual Embassy in Iran issued a security alert asking US citizens in Iran to leave the country, a sign that Trump plans to attack the country, a move that Iran has warned threatens a regional war.</p>
<div class="lb-trans"><p>恒生指数还对对伊朗的潜在攻击作出了反应。美国驻伊朗虚拟大使馆发布声明，发出安全警报，要求在伊朗的美国公民离开该国，这表明特朗普计划攻击该国，而伊朗警告称这威胁到地区战争。</p>
</div><h2>Hang Seng Index technical analysis</h2>
<div class="lb-trans"><h2>恒生指数技术分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/02/Hang-Seng-Index-1024x601.png" alt="" original-src="https://invezz.com/wp-content/uploads/2026/02/Hang-Seng-Index-1024x601.png"/></p>
<p><em>Hang Seng Index chart | Source: TradingView</em></p>
<div class="lb-trans"><p><em>恒生指数图表 | 来源：TradingView</em></p>
</div><p>The daily timeframe chart shows that the Hang Seng Index crashed from a high of $28,075 earlier this year to the current $26,580. It dropped below the key support level at $27,425, its highest level in October last year.</p>
<div class="lb-trans"><p>日线图显示，恒生指数从今年早些时候的 28,075 美元高点崩跌至当前的 26,580 美元。它跌破了 27,425 美元的关键支撑位，这是去年 10 月的最高水平。</p>
</div><p>The Supertrend indicator has flipped from green to red, while most oscillators have continued moving downwards this year.</p>
<div class="lb-trans"><p>超级趋势指标已从绿色转为红色，而大多数振荡器今年继续向下移动。</p>
</div><p>Therefore, the most likely scenario is where the index continues falling, with the next key target being the psychological level at $26,000.</p>
<div class="lb-trans"><p>因此，最可能的情景是指数继续下跌，下一个关键目标是 26,000 美元的心理关口。</p>
</div><p>The post Hang Seng index on edge as China tech stocks dive and AI jitters appeared first on Invezz</p>
<div class="lb-trans"><p>这篇文章最初出现在 Invezz 上，标题为《恒生指数岌岌可危，因中国科技股暴跌和人工智能担忧》。</p>
</div>

Hang Seng index on edge as China tech stocks dive and AI jitters

- 恒生指数因香港科技股暴跌承压，已跌至 26,300 美元。  
- 宁德时代和 Trip.com 股票大幅下挫，导致市场进入熊市。  
- 同时，价值股表现相对较好，部分股票因政策利好上涨。

由于中国科技股的暴跌和对人工智能的担忧，恒生指数处于危险边缘