• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Over $551 Billion Wiped from Hang Seng Index Following Beijing’s Crackdown

July 26, 2021 by Forex Winner Leave a Comment

Over $551 Billion Wiped from Hang Seng Index Following Beijing’s Crackdown

China’s Hang Seng Tech Index has recorded more than $551 billion in market value loss since it last peaked in February at 59% due to the industry crackdown.

HSI is down -6.57%.

Hang Seng Tech Index is trading near its lowest relative to Nasdaq 100
  • Analysts have stated that the issue of privacy and the concern of a possible reduction in medium-term earnings has spurred the ongoing clampdown.
  • The index plummeted this month by 11% after the Chinese regulators banned new users from the Didi app following a controversial IPO.
  • The index fell by 5.4% on Monday, with the sell-off of private education firms’ shares as tough regulations threaten the $100 billion industry.
  • Despite the plunge, ETFs tracking the Hang Seng Index have recorded an inflow this year
  • Hang Seng Tech Index was commissioned a year ago and it tracks 30 tech companies.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Man charged in New York with 3-week kidnapping to try to steal Bitcoin

May 30, 2025

Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

May 29, 2025

Second suspect in New York bitcoin kidnapping surrenders to police

May 28, 2025

Footer

Forex Broker Reviews

Trading 212

Trading 212 Review

April 25, 2019 By Forex Winner

ufx

UFX Review

November 18, 2019 By Forex Winner

go markets

GO Markets Review

September 11, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure