Hong Kong's stock market fell, while global markets including Wall Street reached new highs.

The Hong Kong stock market, as measured by the Hang Seng Index, fell 2.5% over two sessions, closing at 19,229.97 points on Friday, with financials and property stocks suffering significant losses. Despite this, global markets showed a positive outlook, with European and US markets up on Friday, and oil prices rising due to concerns over the Russia/Ukraine conflict. Wall Street saw major indexes close higher, with the Dow hitting a record. However, China's stock market halted a three-day gain, with the Shanghai Composite dropping 3.06%.

November 25, 2024
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