智通财经网·2025-11-20 22:39Core Viewpoint - The Hang Seng Index (HSI) experienced a decline, closing at 25,425.45, down 410.12 points or 1.59% from the previous close, indicating a bearish trend in the market [1]. Group 1: Market Performance - The Hang Seng Index (HSI) closed at 25,425.45, reflecting a decrease of 410.12 points or 1.59% [1]. - The index opened at 25,760.04 and reached a high of 25,922.90 during the trading session, with a trading volume of 56.137 million shares [1]. - The 52-week high for the index is 27,275.90, while the 52-week low is 18,856.77, showing significant volatility [1]. Group 2: Major Stock Movements - Major blue-chip stocks, including HSBC Holdings and Tencent Holdings, saw declines, with HSBC closing at 105.18 HKD, down 2.25%, and Tencent at 605.843 HKD, down 2.44% [2]. - Tencent Holdings reported a slight decrease of 1.5 HKD or 0.24%, while Alibaba fell by 1.6 HKD or 1.02% [3]. - Other notable declines included Xiaomi Group, which dropped 1.12 HKD or 2.89%, and Ctrip Group, which fell 20.5 HKD or 3.57% [3].