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Hang Seng Index

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400 stories mentioning Hang Seng IndexUpdated 2d ago

In focus as Hong Kong sees IPO activity, with Kaifeng Millennium City Park filing and RedNote operator Xiaohongshu reportedly preparing a listing.

Asia Markets

Tech Rebound Ignites Record Rallies in Asian Stock Markets

Asian stock markets gyrated higher Friday after a surge in US tech issues overnight was followed by a solid earnings report late Thursday from Tokyo Electron, a bellwether semiconductor production equipment maker.Seoul's semiconductor-heavy KOSPI index rose 17.9%, a record one-day gain, while Taiwan's TWSE index rose 8%, and Japan's benchmark Nikkei 225 rose 4%. Hong Kong and Shanghai also finished in the green.In Japan, the benchmark Nikkei 225 rose 2,494.59 to 64,362.02, although losing issues outnumbered gainers 129 to 95, as the upside was somewhat confined to the tech sector.Leading the upside was semiconductor component maker Ibiden, up 22%, while Nomura Research Institute declined 16%, after reporting earnings.In economic news, Tokyo's consumer price index-core (CPI-core) rose 1.9% on year, reported the Statistics Bureau.The nation's industrial production rose 1.3% on the month in June, while retail sales rose 0.5% on the year, reported the Ministry of Economy, Trade and Industry.In Hong Kong, the Hang Seng Index opened lower but inched into the green, closing up 0.1% as upside moves in the tech sector were weighed by declines in property shares.The broad gauge Hang Seng rose 25.55 to 25,884.43, although losing issues outnumbered gainers 61 to 31. The Hang Seng TECH Index gained 0.5% on the day, while the Mainland Properties Index fell 1.3%.Leading the upside was Laopu Gold, gaining 10.1%, while smartphone maker Xiaomi declined 7.3%.On the mainland, the Shanghai Composite rose 0.7% to 3,832.26.In economic news, China's manufacturing sector purchasing managers index (PMI) declined to 49.2 in July, down from 50.3 in June, and slipping below the 50-mark that separates growth from contraction, reported the National Bureau of Statistics.On the other regional exchanges, the Australian ASX 200 inclined 0.1%; the Singapore Straits Times Index fell 0.8%, and the Thai Set advanced 1.6%. In late trading in Mumbai, the Sensex was up 0.1%The MSCI All Country Asia Pacific Index rose 4.8% on the day.

Hang SengNikkei 225Shanghai Composite
International

Hong Kong GDP Growth Slows to 4.3% in Q2

Hong Kong's gross domestic product grew 4.3% year over year in the second quarter, slower than the 5.9% expansion in the first quarter, according to advance estimates released Friday by the Census and Statistics Department.On a seasonally adjusted quarter-on-quarter basis, real GDP fell 0.6% during the quarter.Private consumption expenditure climbed 2.9% year over year while government consumption edged up 0.5%.The city's economy continued its robust growth in the quarter due to external trade and resilient domestic demand, a government spokesman said.

Hang Seng
Asia

Hong Kong Stocks Edge Higher on Friday; Xiaomi Plummets 7%

Hong Kong stocks ended slightly higher on Friday, tracking broader Asian gains as investors weighed strength in global technology shares against ongoing uncertainty over interest rates.The Hang Seng Index rose 25.55 points, or 0.1%, to close at 25,884.43, while the Hang Seng China Enterprises Index fell 32.56 points, or 0.4%, to 8,612.15.Strong earnings from major U.S. technology companies lifted chipmakers and helped ease concerns over artificial intelligence-related spending. Meanwhile, oil prices declined as supply flows through key shipping routes improved despite limited progress in U.S.-Iran talks.Among individual stocks, Xiaomi (HKG:1810) dropped nearly 7% after unveiling its SkyNomad extended-range SUV series as it expands further into China's electric vehicle market.CANbridge Pharmaceuticals (HKG:1228) gained 1% after starting registration procedures and commercial preparations to launch its Gaucher disease therapy, Gaurunning, in a North African market.

Hang SengHKG:1228HKG:1810
Asia

Hong Kong SFC Freezes HK$125 Million in Suspected IPO Fraud Probe

Hong Kong's securities regulator has frozen more than HK$125 million in assets linked to a suspected initial public offering fraud scheme, according to a statement on Thursday.The Securities and Futures Commission (SFC) said it issued a restriction notice to Futu Securities International (Hong Kong), freezing up to HK$125.2 million in client assets linked to an entity suspected of creating a false or artificial appearance of demand for IPO shares.The SFC did not identify the entity or the listing involved. It said Futu is not under investigation and that the restriction does not affect the brokerage or its other clients.Futu cannot deal with the assets without the SFC's prior written consent and must notify the regulator of any instructions relating to them. The investigation is ongoing.Futu did not immediately respond to' request for comment.

Hang Seng
Asia

Hong Kong Stocks Open Lower Despite Wall Street Tech Rally

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.

Hang Seng
Asia Markets

Tech Caution Limits Asian Stock Markets

Asian stock markets were mixed and relatively muted on Thursday as the tech rout mostly ebbed, but a major AI- and datacenter-related IPO slipped on its debut in Hong Kong.Tokyo and Hong Kong finished in the green, while Shanghai lost ground. Other regional exchanges were mixed on the downside.Brent oil futures held steady near $88 a barrel during Asian market hours.In Japan, the Nikkei 225 opened evenly and gained ground, finishing up 0.7% as tech issues firmed after recent bear moves.The benchmark Nikkei 225 rose 433.24 to 61,867.43, although losing issues outnumbered gainers 164 to 59, as the upside was somewhat confined to tech shares.Leading gainers was semiconductor test equipment maker Advantest, up 10.9%, while financial house Nomura declined 6.5% after reporting earnings.In economic news, Japan's consumer confidence index rose to 34.9 in July from 33.8 in June, and struck its highest level since February, reported the Cabinet Office.In Hong Kong, the Hang Seng Index closed up 0.2% as property issues firmed.The broad gauge Hang Seng rose 50.96 to 25,858.88, as gaining issues outnumbered losers 50 to 39. The Hang Seng TECH Index lost 1.3% on the day, while the Mainland Properties Index rose 0.3%.Leading the upside was New Oriental Education & Technology, up 18.8% after reporting earnings, while Semiconductor Manufacturing International declined 7.1%.In market news, China-based Zhongji Innolight shares closed down 2% after its Hong Kong trading debut, testing the $6.8 billion IPO listing. The company is a major producer of optical receivers, used in data centers and cloud networks.On the mainland, the Shanghai Composite fell 0.6% to 3,804.69.On the other regional exchanges, the South Korean KOSPI fell 1.2%; the Taiwan TWSE declined 0.3%; the Australian ASX 200 declined 0.8%; the Singapore Straits Times Index fell 0.7%, and the Thai Set declined 1.6%. In late trading in Mumbai, the Sensex was up 0.3%.The MSCI All Country Asia Pacific Index fell 0.2% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Hong Kong Stocks Edge Higher on Thursday as Investors Weigh Fed, China Policy Signals; China National Culture Jumps

Hong Kong stocks closed slightly higher on Thursday as investors assessed the U.S. Federal Reserve's policy outlook and fresh signals of economic support from China.The Hang Seng Index gained 50.96 points, or 0.2%, to close at 25,858.88, while the Hang Seng China Enterprises Index rose 21.19 points, or 0.3%, to 8,644.71.The Federal Reserve left interest rates unchanged on Wednesday, though a split decision among policymakers left investors uncertain about the path of future rate moves.Meanwhile, China pledged to accelerate fiscal spending and introduce additional measures to support growth after the economy expanded 4.3% in the second quarter, its slowest pace in more than three years.Investors also continued to monitor earnings from major technology companies for clues on AI-related spending.Among individual stocks, China National Culture Group (HKG:0745) surged more than 10% a day after agreeing with Bingo (HKG:0822) to establish a joint venture focused on AI infrastructure for the digital entertainment industry.Hing Yip (HKG:0132) slipped nearly 2% after its subsidiary entered into finance lease agreements worth 65 million yuan with Dingxing Longyuan Heating.

Hang SengHKG:0132HKG:0745
International

Hong Kong Private Home Prices Rise for 13th Straight Month in June

Private home prices in Hong Kong extended their gains for a 13th consecutive month in June, though the pace of growth eased to 0.3%, provisional data from the Rating and Valuation Department showed on Wednesday.The overall private domestic price index rose to 323.2 in June from a revised 322.2 in May. The increase followed a revised 1.5% monthly gain in May.Prices have climbed 7.9% in the first six months of the year, reaching their highest level since September 2023.

Hang Seng
Asia

Chinese Firms Eye Malaysia as Key Market for ASEAN Expansion

Mainland Chinese companies are increasingly looking at ASEAN for overseas expansion, with Malaysia as one of the preferred investment destinations in the region, according to preliminary survey findings by the Hong Kong Trade Development Council released Thursday.Malaysia was Hong Kong's third-largest ASEAN trading partner in 2025, while Hong Kong was Malaysia's second-largest investor after Singapore, with cumulative foreign direct investment of $34.8 billion at the end of 2025.According to the survey, 91% of Mainland China companies plan to expand into ASEAN, as they are keen to explore new markets, diversify supply chains, and pursue opportunities in industries such as artificial intelligence, semiconductors, and new energy.Malaysia has come in as a top destination for both manufacturing and services companies looking to establish or expand regional operations.Among enterprises planning to expand into ASEAN, 83% of surveyed respondents showed interest in using Hong Kong's professional services to support their regional development.

Hang SengFTSE Bursa Malaysia KLCIShanghai Composite^SZSE
International

Hong Kong Leaves Base Rate Unchanged

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged at 4%, in line with the U.S. Federal Reserve's decision to hold its benchmark rate steady, according to a Thursday statement.The Fed maintained its target range for the federal funds rate at 3.5% to 3.75% following its latest Federal Open Market Committee meeting.The HKMA noted that future U.S. interest rate moves will depend on inflation, labor market conditions and other economic data. It urged the public to carefully manage interest rate risks when making property purchase, investment or borrowing decisions.

Hang Seng
Asia

Hong Kong Stocks Open Higher Despite Fed Hold, Middle East Tensions

Hong Kong stocks opened higher on Thursday as investors weighed the U.S. Federal Reserve's decision to keep interest rates unchanged against renewed tensions in the Middle East.The Hang Seng Index rose 0.3%, or 67.91 points, to 25,875.83, while the Hang Seng China Enterprises Index gained 0.6%, or 50.67 points, to 8,674.19.Wall Street ended lower overnight after the Federal Reserve held interest rates steady as expected, though three policymakers dissented in favor of a quarter-point rate hike.Oil prices jumped about 8% as renewed airstrikes in the Middle East reignited concerns over global energy supplies.Investors also digested earnings from Meta Platforms while awaiting results from Amazon and Apple later this week.

Hang Seng
Asia

US Sanctions Eight Shipping Firms for Moving Iranian Oil to China

The US blacklisted eight shipping companies for moving Iranian crude to China, intensifying its economic pressure on Tehran, according to a US Treasury Department statement on Wednesday.The designated firms are Qi Hang Ship Management, Marinova Freight, Vast Mighty, Ocean Tranquility, Branch Saying International Trading, Confident Apex, Billion Nexus Int'l, and Nevada Spirit, all based in China or Hong Kong.Their vessels - WELL SAIL, NATSUMI, CRYSTAL, NIRETA, YEHOPE, LILY, AL SALMI, and BREEZE V - hauled hundreds of thousands to millions of barrels of Iranian oil to China and the UAE since 2022, the statement read.Separately, OFAC sanctioned two Iranian firms, Persian Gulf Marine Insurance and HormuzSafe, for running an IRGC-backed extortion scheme that forces commercial ships to buy fraudulent maritime insurance in the Strait of Hormuz, often paid in crypto.All assets of these entities under US jurisdiction are frozen, US persons and businesses are barred from dealing with them, and foreign institutions risk sanctions for continuing transactions involving the designated firms.

Hang SengShanghai Composite
International

Chip Wreck and Higher Oil Prices Roil Asian Stock Markets

Asian stock markets churned on Wednesday, as exchanges exposed to semiconductor- and AI-related enterprises fell back, against a backdrop of rising oil prices.Hong Kong and Shanghai finished in the green, while Seoul, Taiwan, and Tokyo fell back. Other regional exchanges were mixed.Brent oil traded up 3.9% to $85.28 a barrel during Asian trading hours, as Persian Gulf hostilities captured headlines.In Japan, the Nikkei 225 opened evenly but dragged in trading, finishing off 1.5% as investors again eschewed semiconductor- and AI-related issues.The benchmark Nikkei 225 fell 930.73 to 61,434.19, although gaining issues outnumbered losers 143 to 79, as losses were somewhat confined to the tech sector.Leading the upside was video game-maker Konami, up 12.7% after peer enterprise Capcom reported strong quarterly results, while tech-conglomerate Screen Holdings declined 17.3%.Seoul's semiconductor-laden KOSPI index declined 6% after chipmaker SK Hynix reported record profits and revenue but an earnings miss, while the Taiwan TWSE fell 3.8%.In Hong Kong, the Hang Seng Index opened higher and rose to the close, concluding up 2% as traders waded back into depressed property and certain tech shares.The broad gauge Hang Seng rose 497.07 to 25,807.92 as gaining issues outnumbered losers 86 to seven. The Hang Seng TECH Index gained 2.8% on the day, while the Mainland Properties Index rose 2.6%.Leading the upside was Li Auto, gaining 9.9%, while Laopu Gold declined 4.8%.On the mainland, the Shanghai Composite rose 0.4% to 3,828.47.On the other regional exchanges, the Australian ASX 200 inclined 1%; the Singapore Straits Times Index rose 1.7%, while trading floors were dark in Bangkok on holiday. In late trading in Mumbai, the Sensex was up 1.2%The MSCI All Country Asia Pacific Index fell 0.7% on the day.In other news, Australia's consumer price index in June rose 3.8% on year, above the Reserve Bank of Australia's 2% to 3% target range.

Hang SengNikkei 225Shanghai Composite
Asia

Hong Kong Stocks Rally on Tech Strength Ahead of Fed Decision; BAIC Motor Gains 4%

Hong Kong stocks closed higher on Wednesday, led by technology shares, as the Hang Seng TECH Index climbed nearly 3% despite continued concerns over AI valuations across Asian markets.The Hang Seng Index gained 497.07 points, or 2%, to close at 25,807.92, while the Hang Seng China Enterprises Index rose 187.27 points, or 2.2%, to 8,623.52.Technology stocks remained resilient ahead of the U.S. Federal Reserve's policy decision and earnings from major technology companies, including Microsoft and Meta, which investors are watching for signs on the sustainability of AI-related spending.The U.S. Fed is widely expected to keep rates unchanged, though futures markets indicate some investors still see a possibility of a rate hike later this year.Among individual stocks, BAIC Motor (HKG:1958) rose nearly 4% despite forecasting a first-half attributable net loss of 1.55 billion yuan to 1.65 billion yuan, compared with a profit a year earlier.Pop Mart International (HKG:9992) gained more than 2% after opening a new store and its first overseas Pop Bakery dessert outlet in Singapore's Sentosa Island.

Hang SengHKG:1958HKG:9992
Asia

Hong Kong Exchange Fund's Investment Income Falls in H1

Hong Kong's Exchange Fund posted investment income of HK$134.7 billion for the first half of 2026, down from HK$214 billion a year earlier, the Hong Kong Monetary Authority said Tuesday.The fund recorded gains of HK$49.1 billion on bonds, HK$53.7 billion on other equities, HK$34.3 billion from currency translation on non-Hong Kong dollar assets, and HK$9.4 billion on other investments.Total assets of the exchange fund stood at HK$4.46 trillion at the end of June, up from HK$4.16 trillion at the end of 2025.The HKMA said the fund benefited from strong global equity market performance, particularly AI-driven gains in semiconductor and technology stocks.The authority cautioned that geopolitical tensions, uncertainty over U.S. monetary policy and volatility in exchange rates could weigh on investment markets in the second half.

Hang Seng
Asia

Market Chatter: Shein Faces US FTC Consumer Protection Probe

The U.S. Federal Trade Commission confirmed that fast-fashion giant Shein is under investigation over potential consumer protection issues, Reuters reported Tuesday.The probe could result in a settlement or other action requiring significant payments that may materially affect its financial position and operating results, Shein said in a post-hearing information pack published Sunday on the Hong Kong bourse.The disclosure comes as the retailer pivots its planned initial public offering to Hong Kong after regulatory hurdles complicated proposed listings in New York and London, including disagreements over supply-chain risk disclosures related to alleged Uyghur forced labor.Shein did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Hang SengShanghai Composite^SZSE
Asia

Hong Kong Stocks Advance at Open Ahead of US Fed Decision

Hong Kong stocks opened higher on Wednesday as investors looked ahead to the U.S. Federal Reserve's policy decision.The Hang Seng Index rose 0.7%, or 176.31 points, to 25,487.16, while the Hang Seng China Enterprises Index gained 0.8%, or 63.78 points, to 8,500.03.The U.S. Federal Reserve is widely expected to keep interest rates unchanged when it concludes its two-day meeting, though Fed funds futures imply a 32% chance of a rate hike.Lower oil prices also helped ease inflation concerns after Washington suspended airstrikes on Iran, with Brent crude falling 5%.

Hang Seng
Asia

Market Chatter: Xiaohongshu IPO Plans Face Scrutiny Over Corporate Structure Complaint

Xiaohongshu is facing scrutiny over any potential Hong Kong listing after a former employee challenged its corporate structure, Reuters reported Tuesday.The Chinese social media platform has also hired advisors for a potential initial public offering, the report said, citing sources.The complaint, filed with Hong Kong's stock exchange, questions the company's use of a variable interest entity (VIE) structure following a dispute over share-based compensation, according to the report.The former employee reportedly argued Xiaohongshu treated its mainland and offshore entities as separate when rejecting his stock option claims, despite VIE arrangements relying on contractual control between the two.Xiaohongshu did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Hang Seng
International

Semiconductor Slump Slams Asian Stock Markets

Asian stock markets churned downwards on Tuesday, with tech-exposed exchanges closing sharply lower after overnight declines in US peer issues and semiconductor-related shares.Concerns that chipmaker and AI-sector valuations are too rich given heavy capital outlays drove Seoul's KOSPI Index, home to chipmakers SK Hynix and Samsung Electronics, down by 10.8%, while Taiwan's TWSE, which lists industry giant Taiwan Semiconductor Manufacturing, fell 4.7%.The chipmaking and AI-sector were further rattled after media reports that China-based Shanghai Yuliangsheng has started production of deep ultraviolet lithography equipment, a chipmaking technology dominated by the Dutch enterprise ASML.In Japan, the Nikkei 225 opened lower and closed down 4%, as traders offloaded tech stocks.The benchmark Nikkei 225 fell 2,566.27 to 62,364.92, as losing issues outnumbered gainers 140 to 84.Leading the upside was software tester Shift, up 7.7%, while memory chipmaker Kioxia declined 18.3%.In Hong Kong, the Hang Seng Index bucked trends and finished up 0.4% as traders supported internet-based enterprises and property stocks.The broad gauge Hang Seng rose 103.67 to 25,310.85, as gaining issues outnumbered losers 56 to 32. The Hang Seng TECH Index gained 0.6% on the day, while the Mainland Properties Index rose 0.4%.Leading the upside was internet services and game maker Netease, gaining 4.5%, while Lapou Gold declined 23.8% after issuing a profit warning.On the mainland, the Shanghai Composite fell 1.2% to 3,813.31.On the other regional exchanges, the Australian ASX 200 advanced 0.6%; the Singapore Straits Times Index fell 0.1%, while trading floors were closed in Bangkok. In late trading in Mumbai, the Sensex was steady.The MSCI All Country Asia Pacific Index 3.4% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Hong Kong Stocks Edge Higher Ahead of Central Bank Meetings; Keymed Biosciences Falls

Hong Kong stocks closed higher on Tuesday as investors await key central bank meetings and earnings from major U.S. technology companies.The Hang Seng Index gained 103.67 points, or 0.4%, to close at 25,310.85, while the Hang Seng China Enterprises Index rose 70.87 points, or 0.9%, to 8,436.25.Hong Kong technology shares were a little resilient as compared to regional peers even as renewed concerns over artificial intelligence spending triggered another selloff in global chipmakers and weighed on broader Asian markets.Sentiment also drew support from optimism over China's semiconductor industry after CXMT Corp.'s Shanghai debut and reports of China's progress in domestic immersion DUV lithography technology.Among individual stocks, Keymed Biosciences (HKG:2162) fell nearly 6% after reporting that its global phase 3 trial of CMG901, conducted with AstraZeneca, met its primary endpoint in patients with CLDN18.2-positive advanced gastric cancer.

Hang SengHKG:2162

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