FINWIRES · TerminalLIVE
FINWIRES

Hong Kong Stocks Open Lower Despite Wall Street Tech Rally

By

Hong Kong stocks opened slightly lower on Friday as investors took a cautious stance despite a strong overnight rally in U.S. technology shares fueled by upbeat earnings.

The Hang Seng Index slipped 21.16 points to open at 25,837.72, while the Hang Seng China Enterprises Index edged down 0.2%, or 21.01 points, to 8,623.70.

Wall Street ended sharply higher overnight after stronger-than-expected results and upbeat outlooks from Microsoft and Amazon eased concerns over heavy artificial intelligence spending.

Oil prices edged higher as tensions in the Middle East persisted, though markets remained focused on the outlook for artificial intelligence spending and global monetary policy.

Related Articles

Asia

Tamron Receives Acquisition Proposal From Sony Group

Tamron (TYO:7740) has received a nonbonding acquisition proposal from Sony Group (TYO:6758), according to a Thursday release.The proposal involves a series of transactions that will make the camera lens maker Sony's wholly owned subsidiary.Tamron has created a special committee to review options relating to the proposal.

TYO:6758TYO:7740
Asia

Japan's ANA Holdings Orders Eight Additional Embraer E190-E2 Aircraft

ANA Holdings (TYO:9202) plans to order eight additional Embraer E190-E2 aircraft, expanding on its previous order of 20 aircraft announced in February 2025, according to a company release on Wednesday.The board approved the decision during a meeting on Wednesday.The 100-seat aircraft, featuring PW1900G engines and a range of 5,278 kilometers, aim to improve fuel efficiency, lower noise and operating costs, the release said.

TYO:9202
Asia

United Microelectronics Board OKs Up to NT$1.7 Billion Investment in Private Equity Fund

United Microelectronics (TPE:2303) board approved an investment of up to NT$1.7 billion in private equity fund TGVest Asia Partners III (Taiwan), according to a Wednesday Taiwan Exchange filing.The investment will be made through capital contributions based on capital call notices under the fund's limited partnership agreement.The funds will be used as a long-term investment, it said.

TPE:2303