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Hang Seng Index down 4.73% at Hong Kong Stock Exchange — market data

The Index tumbled 1.95% at the opening and continued moving downward to its lowest value over the last 13.5 years

HONG KONG, October 24. /TASS/. The new trading week kicked off at the Hong Kong Stock Exchange with plummeting prices, according to market data.

The Hang Seng Index fell 4.73% to 15,444 points in less than an hour. The Index tumbled 1.95% at the opening and continued moving downward to its lowest value over the last 13.5 years.

Holders of assets associated with the high technology sector experience the largest losses. Alibaba securities lost 6.7% in prices. Tencent stocks dropped 6%. Experts are refraining from explanations of the potential cause of the crash so far.