Hong Kong stocks declined for a second straight session on Wednesday as escalating tensions in the Middle East fueled concerns about potential supply disruptions, while investors awaited signals on new stimulus from the Lujiazui Forum.
The Hang Seng Index slipped 269.61 points, or 1.1%, to 23,710.69, while the Hang Seng China Enterprises Index fell 100.48 points, or 1.2%, to 8,594.19.
Markets tracked developments in the Israel-Iran conflict, now in its sixth day of direct exchanges. US President Donald Trump met his national security team in Washington on Tuesday to discuss the situation, Bloomberg reported, citing sources familiar with the matter.
Closer to home, attention turned to the Lujiazui Forum in Shanghai, where investors are looking for clues to fresh stimulus measures.
At the forum, Hong Kong and Shanghai officials signed a deal to expand the Stock Connect program to include more equities, bonds, ETFs, and gold. The agreement also covers cross-border settlements and potential applications for the digital yuan.
In corporate news, shares of Li Auto ended 4% lower after Meituan founder Wang Xing, a significant shareholder, further trimmed his stake through a share sale.
Source : MT Newswires
Hong Kong shares were little changed in Friday morning deals, hovering around 26,165 after two sessions of declines, as weakness in property and financials was offset by gains in tech and consumer sto...
Hong Kong stocks weakened again on Thursday as the Hang Seng remained under broad selling pressure, with most sectors closing lower. Sentiment was weighed down by a sharp dip in US futures and heavy s...
Hong Kong stocks tumbled 367 points, or 1.4%, to 26,094 in early Thursday trade, extending for a second session after Wall Street's S&P 500 and Dow Jones slipped from record highs overnight on une...
Hong Kong equities dipped 287 points, or 1.1%, to 26,431 in Wednesday morning trade, reversing rallies from the past three sessions as traders booked profits after the market touched a seven-week high...
Stocks in Hong Kong surged 413 points, or 1.6%, to 26,043 in early trade on the first trading day of 2026, rebounding from losses in the previous session as markets reopened after the New Year break. ...
Gold price rises on Friday, poised to end with weekly gains of nearly 4% as an employment report in the US was mixed, with the economy adding fewer jobs than projected. Still, the Unemployment Rate ticked lower, yet investors are still betting the...
Harga emas kembali menguat pada perdagangan terbaru setelah sempat tertekan, didorong oleh melemahnya dolar AS dan turunnya imbal hasil obligasi pemerintah AS. Investor kembali memburu emas sebagai aset lindung nilai di tengah ketidakpastian arah...
Silver is currently hovering around $77,430, likely awaiting triggers from the US dollar and yields. If the dollar strengthens, silver is usually resilient; if the dollar weakens, silver rises more easily.Fundamentals are still supported by safe...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next...
The US seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday, one of which was sailing under a Russian flag, as part of...
Federal Reserve Vice Chair for Supervision Michelle Bowman outlined significant changes to bank supervision and regulation during a speech at the...
Asian stock markets weakened for the second consecutive day, indicating that the initial rally that had been "speedy" at the start of the year is...