Sunday, 07 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Hang Seng Down More Than 2% In Early 2025
Thursday, 2 January 2025 15:25 WIB | HANGSENG |HANG SENG

The Hang Seng plunged 437 points, or 2.2%, to close at 19,623 in the first trading session of 2025, pressured by further selling in mainland markets following sluggish Chinese factory activity in December.

The index fell to a near one-month low, with concerns growing over potential tariff hikes by the Trump administration and their broad impact on Chinese exports.

Nervous traders anticipated that markets would lack clear direction until the National People's Congress in early March when Beijing is due to announce its growth targets for the new year. Losses were broad, with financials down about 3%.

A surge in U.S. futures capped further losses, with bets that Wall Street could maintain the momentum that has propelled it to two straight years of strong gains in 2024. Sun Art shares plunged 20% after Alibaba Group agreed to sell its majority stake in the retailer.

Sharp losses were also seen in Semicon Manufacturing (-9.0%), Citic Ltd. (-5.3%), Sunny Optical Tech (-4.6%), and Wuxi Biologics (-4.4%).

Source: Trading Economics

RELATED NEWS
Hang Seng Jumps 1.4% at Close...
Friday, 5 September 2025 15:43 WIB

The Hang Seng index surged 359 points, or 1.4%, to close at 25,418 on Friday, ending a three-day losing streak. Optimism improved after Wall Street's S&P 500 hit a record high on Thursday, with tr...

Hang Seng Index opens higher as ATMXJ stocks show mixed performance ...
Friday, 5 September 2025 09:09 WIB

The Hang Seng Index opened 77 points, or 0.31%, higher at 25,136 points. The Hang Seng China Enterprises Index rose by 22 points, or 0.25%, to 8,960 points, while the Tech Index increased by 23 points...

Hang Seng Slips 1.1% at Close ...
Thursday, 4 September 2025 15:30 WIB

The Hang Seng Index fell 285 points, or 1.1%, to close at 25,058 on Thursday (September 4), weakening for a third session amid widespread weakness. The index followed mainland Chinese stocks lower aft...

Hang Seng Index opens higher as tech and financial stocks rise...
Thursday, 4 September 2025 10:18 WIB

The Hang Seng Index opened up 145 points, or 0.57%, reaching 25,489 points. The National Enterprises Index gained 52 points, also up 0.57%, to stand at 9,102 points, while the Technology Index increas...

Trump says he plans to hold talks on Ukraine in coming days...
Thursday, 4 September 2025 02:11 WIB

U.S. President Donald Trump said on Wednesday he plans to hold talks about the war in Ukraine in coming days after his Alaska summit with Russian President Vladimir Putin in August failed to achieve a...

LATEST NEWS
US Stocks Fall on Weak Jobs Data

US stocks closed lower on Friday after weaker-than-expected August jobs data raised concerns about a slowing economy, even as expectations for Federal Reserve rate cuts firmed. The S&P 500 gave up earlier gains, ending 0.3% lower and below...

Dollar drops against peers after weaker-than-expected jobs report

The U.S. dollar fell sharply against major peers on Friday after crucial monthly jobs data showed that American employers hired fewer workers than expected, which affirms weakening labor market conditions and likely guarantees a Federal Reserve...

Oil prices settle down more than 2% after weak US jobs report

Oil prices fell on Friday as a weak U.S. jobs report dimmed the outlook for energy demand, while swelling supplies may grow further after OPEC and allied producers meet over the weekend. Brent crude futures settled at $65.50 a barrel, down $1.49,...

POPULAR NEWS
S&P 500 And Nasdaq Hit New Record Highs
Friday, 5 September 2025 20:48 WIB

US stocks rallied on Friday (September 5th), with the S&P 500 rising 0.4% and the Nasdaq gaining 0.6% to new record highs, while the Dow Jones...

Asia-Pacific markets open higher after Trump formalizes lower Japanese auto tariffs
Friday, 5 September 2025 07:37 WIB

Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto...

US Companies Add 54,000 Jobs In ADP Data, Lower Than Expected
Thursday, 4 September 2025 19:24 WIB

Hiring at US companies was lower than expected in August, consistent with other evidence of weakening labor demand. Private-sector jobs increased...

US Initial Jobless Claims Rise to Highest Level Since June
Thursday, 4 September 2025 19:45 WIB

US applications for unemployment benefits rose to their highest level since June, adding to evidence that the labor market is cooling. Initial...