The Hang Seng fell 23 points or 0.12% to end at 19,823 on Wednesday, closing in the red for the fourth session amid a sharp drop in US futures as concerns built that US President-elect Donald Trump's planned policies might fuel inflation and slow the pace of interest rate cuts.
Markets hit their lowest in nearly seven weeks, dragged by the potential appointment of China hawks to key US cabinet positions, which could lead to a tougher stance on trade and tariffs against Beijing.
Property and financials mainly retreated, with investors staying vigilant ahead of key US inflation data and upcoming Chinese activity readings. Still, losses were capped by reports that China may cut taxes on home buying by the end of this year.
Meantime, positive outcomes are expected from the Chinese central government's work forum and a Politburo meeting in December. Smoore Intl. Ltd. sank near 6.6%, alongside Akeso Inc. (-3.8%), Wuxi Biologics (-3.0%), Haidilao Intl. Hlds. (-2.7%), and Geely Auto (-2.1%).
The Hang Seng Index opened higher, gaining 193 points to reach 26,321, and is currently up 313 points or 1.2%, standing at 26,442. The China Enterprises Index rose by 89 points or 0.95% to 9,392, whil...
The Hang Seng slipped 356 points, or 1.4%, to end at 26,128 on Friday, marking a second straight session of losses as consumer stocks slumped after President Trump proposed steep tariffs, including a ...
The Hang Seng Index started the day down by 212 points or 0.8%, closing at 26,272 points; the H-share index fell by 77 points or 0.82%, to 9,366 points; while the technology index dropped by 61 points...
The Hang Seng slipped 34 points, or 0.13%, to close at 26,485 on Thursday, swinging from a rally in the previous session and following a subdued morning trade. A retreat from record highs on Wall Str...
The Hang Seng Index started the day with a marginal increase of 17 points or 0.06%, reaching 26,536 points. Concurrently, the H-share index dropped by 5 points or 0.05%, standing at 9,437 points, whil...
World oil prices are currently trading around $69,488 per barrel on Monday morning (September 29, 2025), still moving at low levels after selling pressure from last weekend. Market participants are beginning to reconsider the global demand outlook...
Gold surged above the key $3,800-per-ounce level for the first time ever on Monday, supported by a weaker dollar and growing expectations that the Federal Reserve will cut interest rates further this year. Spot gold jumped 1.1% to $3,801.88 per...
Gold prices rallied again, approaching the $3,800 level during the Asian session on Monday (September 29th), driven by US inflation data that met expectations. This condition reinforced speculation that the US Federal Reserve (The Fed) will...
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to...
Major European bourses traded slightly higher on Friday, with the STOXX 50 up 0.4% and the STOXX 600 gaining around 0.3%, after two straight...
Russia's export rules spark diesel market jitters"Boosting prices were initial reports that Russia intends to ban some companies from exporting...
US President Donald Trump on Thursday announced sweeping new import tariffs, including a 100% duty on brand-name drugs and a 25% levy on heavy-duty...