# Hang Seng Index

Risk-Off Sweep Sends Hong Kong Tech Falling as Oil, Shipping and Gold Rally

Hong Kong’s Hang Seng and Hang Seng TECH indices fell sharply as investors fled riskier growth stocks and rotated into oil, shipping and gold miners. The sectoral divergence — heavy gains in energy and commodity-linked firms versus losses in tech and semiconductors — reflects a broader, cross-market risk-off impulse tied to rising commodity prices and safe-haven flows.