{
  "id": 10415477,
  "title": "Hang Seng Index rises as tech hits skids on mainland",
  "url": "https://urgent.news/2026/09/28/hang-seng-index-rises-as-tech-hits-skids-on-mainland",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T09:12:54.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1871871-20260928.htm"
  },
  "original_language": "en",
  "account": "The mainland's blue-chip Hang Seng Index fell more than two percent to a one-year low on Monday as optimism over the US-China summit diminished, focusing investors on economic imbalances and geopolitical risks. The tech index saw a 0.4 percent decline, while the China enterprises index rose slightly. The Shanghai Composite Index dropped 1.67 percent, and the Shenzhen Component Index plunged 3.44 percent. The ChiNext Index suffered the steepest decline, falling 4.53 percent. This tech slump followed US lawmakers' moves to restrict the use of Chinese-made components in AI data centers, dampening an already cautious risk appetite before a week-long holiday. Despite a reported agreement to reduce tariffs on $30 billion of goods and a dialogue on AI between President Xi Jinping and US President Donald Trump, divisions persist on technology, security, trade, and international governance. US lawmakers introduced legislation to prevent the federal government from equipping sensitive systems with Chinese-made AI components. This dampened the outlook for Chinese optical transceiver makers Eoptolink Technology and Innolight Technology. China's CSI 300 Telecommunication Services Index slipped to a two-month low, and chipmakers suffered after news that China might allow domestic companies to buy Nvidia chips. The Nikkei dropped after the broader Topix weakened.",
  "summary": "The mainland's blue-chip index dropped more than two percent to a one-year low on Monday as optimism over the US-China summit faded, leaving investors focused on deepening economic imbalances and geopolitical risks. In Hong Kong, the benchmark Hang Seng Index ended 132 points, or 0.5 percent, to 24,642 on turnover of HK$177.48 billion. The tech index lost 15 points, or 0.4 percent, to 4,296 while…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Hang Seng stuck below 24,800 resistance: Live levels",
        "url": "https://urgent.news/2026/09/28/hang-seng-stuck-below-24-800-resistance-live-levels",
        "published": "2026-09-28T02:03:28.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "Nikkei, Yen, Hang Seng: Asienbörsen uneinheitlich – Zinsängste und Iran-Krieg bremsen Anleger",
        "url": "https://urgent.news/2026/09/28/nikkei-yen-hang-seng-asienborsen-uneinheitlich-zinsangste-und-iran",
        "published": "2026-09-28T03:30:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}