The Hang Seng Index weakened 19 points, or nearly 0.1%, to close at 24,499 on Thursday (July 17th), declining for the second consecutive session due to continued profit-taking after the benchmark index hit a four-month high earlier in the week.
Slight declines in US index futures ahead of key retail sales data later in the day also weighed on sentiment. Meanwhile, concerns over escalating US tariffs persisted after President Trump announced plans to send letters to more than 150 countries, outlining potential tariffs of between 10% and 15%. He described most of the letter recipients as "not very large countries" with limited trade relations with the US.
Financial stocks were mostly lower, with losses from Bank of China Hong Kong (-1.1%), Ping An Insurance (-0.6%), and AIA Group (-0.4%). Meanwhile, auto stocks rallied after Chinese authorities pledged to curb excessive competition and price wars in the electric vehicle sector. Companies that recorded significant increases included Li Auto (9.5%), Geely Auto (3.9%), and Xpeng (0.9%). (alg)
Source: Trading Economics
The Hang Seng index slumped 206 points, or 0.8%, to close at 25,952 on Tuesday, losing early gains as sentiment soured amid a broad sectoral decline. The technology index fell 1.8% after US President ...
Hong Kong stocks rose 55 points, or 0.2%, to 26,210 in early trading on Tuesday (November 4), posting a second consecutive session of gains. Market sentiment was boosted by positive comments from Chie...
The Hang Seng Index surged 252 points, or 1%, to close at 26,158 on Monday, reversing losses from the previous three sessions amid broad sector gains. Sentiment was boosted by the US-China trade truce...
Hong Kong stocks edged up 47 points, or 0.2%, at the start of November trading, reaching 25,949. This increase helped the market recover after three consecutive sessions of losses. The gains were prim...
The Hang Seng Index plunged 376 points, or 1.4%, to close at 25,907 on Friday, marking its third consecutive session of decline amid widespread declines across sectors. Market sentiment weakened after...
The USD/JPY pair declines on Tuesday to around 153.50 at the time of writing, down 0.40% on the day, as the Japanese Yen (JPY) attracts fresh safe-haven flows amid renewed global risk aversion. Fears of potential intervention from Japan's Ministry...
European stocks slipped mostly lower Tuesday, with investors locking in some profits on the back of an uncertain economic outlook and with more corporate earnings to digest. The DAX index in Germany closed 0.8% lower, the CAC 40 in France slipped...
Gold slipped slightly Tuesday, pressured by a stronger U.S. dollar and lingering uncertainty over the Federal Reserve's next policy move. Spot gold fell 0.8% to $3,970.08 per ounce and U.S. Gold Futures declined 0.8% to $3,980.31 per ounce. The...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...