Hang Seng at 25,253 Eyes Support After 800-Point Two-Day Slide

The Hang Seng Index closed Thursday at 25,253.40 after a further 379.81-point (1.48%) drop, extending two-session losses to nearly 800 points (3.1%). The fresh decline followed Wednesday’s sharp 405-point tumble that reversed a prior three-day rally of roughly 1,050 points. Easing oil prices, with WTI crude falling $3 to $93.02, and a record close on Wall Street are expected to lend support Friday and may halt the slide amid improving global risk sentiment.