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Updated 2d ago
· 17 sources tracked
Chinese Stocks in Hong Kong Near Bear Market After Holiday
The Hang Seng China Enterprises Index fell nearly 20% from its October 2025 peak, officially entering bear market territory. Weak consumption data and declining confidence in e-commerce firms drove the slump. Alibaba and Tencent led the selloff.
What changed
The market shifted from nearing a bear market threshold to officially entering one.
Live updates
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Chinese Stocks in Hong Kong Enter Bear Market Amid Weak Spending
confidence 90%The Hang Seng China Enterprises Index fell nearly 20% from its October 2025 peak, officially entering bear market territory. Weak consumption data and declining confidence in e-commerce firms drove the slump. Alibaba and Tencent led the selloff.
What's confirmed:
- The Hang Seng China Enterprises Index dropped nearly 20% from its October 2025 peak.
- Alibaba and Tencent led the selloff of Chinese stocks in Hong Kong.
- Weak consumer spending data contributed to the decline in the Hong Kong gauge.
- Chinese AI stocks rallied following signals of expanded policy support from Beijing.
Still unconfirmed:
- The MSCI China index dropped 20% into bear territory.
- China EV stocks including Nio, XPeng, Li Auto, BYD, and Polestar are tumbling.