Hong Kong stocks fell on Thursday after hitting a one-month high, as investors opted to remain cautious ahead of the release of quarterly earnings reports from major tech companies, including Tencent and JD.com, as well as Chinese economic data for November. The Hang Seng Index fell 0.1% to 26,888.09 as of 10:06 a.m. local time, with the Hang Seng Tech Index down 0.7%. In mainland China, the CSI 300 Index and the Shanghai Composite Index posted slight gains of 0.4% and 0.2%, respectively.
Tencent shares fell 0.8% to HK$652, with the report expected to show profit growth slowing to 5% in the third quarter of 2025, compared with the previous quarter. Meanwhile, JD.com fell 2.2% to HK$122, and Alibaba Group also fell 1.7% to HK$154.10. Earnings from Tencent and JD.com are expected to be released after the market closes on Thursday, adding to the uncertainty in the Hong Kong stock market.
Economic data due on Friday is also expected to be disappointing. Economists predict that retail sales and industrial production in China are likely to slow in November, while fixed asset investment growth is expected to stagnate. Given this uncertainty, many investors in the Asia-Pacific region are opting for caution. Several other indices, such as Japan's Nikkei 225 and South Korea's Kospi, recorded small gains, while Australia's S&P/ASX 200 fell 1.1%. (az)
Source: Newsmaker.id
The Hang Seng slipped 224 points, or 0.9%, to close early at 25,630 on the final trading day of 2025, as markets closed early ahead of the New Year. The index reversed the prior session's strength as ...
The Hang Seng Tech Index fell 1% to 5,521, indicating renewed pressure on Hong Kong technology stocks in the latest trading session. This decline reflects a more cautious sentiment towards the techno...
The Hang Seng rose 219 points, or 0.9%, to end at 25,855 on Tuesday, reversing prior losses with broad-based sector gains. Tech stocks led the rally, up 1.7% on strong moves from SMIC (4.5%), Horizon ...
The Hang Seng fell 184 points, or 0.7%, to close at 25,635 on Monday, reversing modest gains from the previous session, as markets entered the final trading week of 2025. Early strength was erased aft...
Hong Kong stocks rose 213 points, or 0.8%, to 26,025 on Monday morning, extending their gains for a second session as market participants opened the final week of 2025. The Hang Seng Index also hovere...
Oil prices fell on Wednesday (December 31st), posting a nearly 20% annual loss, as expectations of oversupply grew in a year marked by war, higher tariffs, increased OPEC+ production, and sanctions against Russia, Iran, and Venezuela. Brent crude...
Gold (XAU/USD) prices fell slightly on the final trading day of 2025, trading near $4,310 per troy ounce during Wednesday's European session. Non-yielding precious metals, including gold, lost ground after the minutes of the Federal Open Market...
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative territory. The U.K.'s FTSE 100 ended the day down...
President Donald Trump said the US attacked a facility inside Venezuela, which would be a significant escalation in his campaign against alleged...
Tensions between Iran and Israel have escalated again after a series of military escalations involving airstrikes and missile retaliation. Iranian...
President Donald Trump held a phone call with Russian President Vladimir Putin on Monday to discuss efforts to end the war in Ukraine, according to...
The US Federal Reserve agreed to cut interest rates at its December meeting only after a highly nuanced debate about the current risks facing the US...