Institutions believe that Hang Seng Tech has fallen back to the support level, with the Hang Seng Tech Index ETF dropping over 3%, hitting a new stage low.

NightAirdropper · 2026-02-24T18:38:52+00:00

The Spring Festival holiday has ended, and on the first trading day of the A-shares, the Hong Kong stocks plummeted, with technology, consumer, and healthcare sectors leading the decline. The Hang Seng Tech Index fell over 2%, and ETFs dropped more than 3% at one point, hitting a new low for the period. Guosen Securities predicts that the Hang Seng Tech Index will find support between 5100 and 5250 points.

NightAirdropper

2026-02-24 18:38:52

Abstract generation in progress

The Spring Festival holiday has ended, and A-shares迎来 the first trading day. The key indices in the Hong Kong stock market collectively declined, with sectors such as technology, consumer, and healthcare leading the drop. The Hang Seng Tech Index fell over 2%, while the Hang Seng Index and Hang Seng China Enterprises Index both declined over 1%.

The largest Hang Seng Tech Index ETF listed on the mainland (513180) briefly dropped over 3% during trading, falling more than 23% from its October 2025 high, hitting a new stage low. The valuation of the Hang Seng Tech Index has also fallen back to the historical low range.

Guoxin Securities previously stated that the Hang Seng Tech Index may find strong support around 5100-5250 points during its short-term correction. This range not only corresponds to the 250-day moving average (annual line) but also marks the starting point for the 2025 market rally, providing strong psychological support.

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