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

Yesterday at a glance: Hang Seng drops 1.93% to close at 18,747 yesterday.

Other assets are showing positive performances as Nasdaq added 2.19% and closed around 12,700 yesterday. S&P 500 moves up 1.3% yesterday and closed at 4,151.28. CAC went up by 1.24% yesterday, and closed at 7,319.18.

The index has been trending lower for about a month. HANG SENG INDEX has fallen back around 15.75% from the significant high of 22,700 set 3 months ago.