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Hang Seng Index Plummets Amid AI Valuation Concerns

11/21/2025

49 11 Full Breakdown

Summary

Story summary

The Hang Seng Index declined 2.4% to 25,220.02 on November 21, 2025, posting a 5.1% weekly loss.
The Hang Seng Tech Index fell 3.2%, while Baidu declined 5.8% and Alibaba declined 4.7%.
The CSI 300 Index and Shanghai Composite slid 2.4% and 2.5%, as concerns over artificial intelligence valuations and United States job data weighed on sentiment.
Longfor Group Holdings rose 1.4% on reports of government support for real estate.

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Story summary

The Hang Seng Index declined 2.4% to 25,220.02 on November 21, 2025, posting a 5.1% weekly loss.
The Hang Seng Tech Index fell 3.2%, while Baidu declined 5.8% and Alibaba declined 4.7%.
The CSI 300 Index and Shanghai Composite slid 2.4% and 2.5%, as concerns over artificial intelligence valuations and United States job data weighed on sentiment.
Longfor Group Holdings rose 1.4% on reports of government support for real estate.