The Hang Seng China Enterprises Index has fallen nearly 20% from its October peak as China's retail spending contracts and Alibaba and Tencent drag down

The Hang Seng China Enterprises Index fell 2.3% on June 22, nearing a 20% drop from its October 2025 peak as weak consumption data rattled investors.

The Hang Seng China Enterprises Index has fallen nearly 20% from its October peak as China's retail spending contracts and Alibaba and Tencent drag down