HANG SENG INDEX index sheds 353.08 points (-1.93%) as market bears take the reigns

A quick look at today: Hang Seng falls 1.93% to close at 18,747 today.

Positive performances can be seen by looking at other markets as Nasdaq went up by 2.19% today, and closed at 12,976. S&P 500 rises 1.3% today and closed at 4,151.28. CAC went up by 1.24% today, and closed at 7,319.18.

The index has been trending lower for about a month. HANG SENG INDEX reached a significant high of 22,700 around 3 months ago but has lost 15.75% since then.