FINWIRES · TerminalLIVE
FINWIRES

Hang Seng Index

Hang Seng
HKEXIndex

597 stories mentioning Hang Seng IndexUpdated 1d ago

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

What's the latest news on Hang Seng Index?

Asia

Kazakhstan's State-Owned Rail Operator Files for Hong Kong IPO

Kazakhstan Temir Zholy, Kazakhstan's state-owned railway operator, filed for an initial public offering in Hong Kong, according to a preliminary prospectus.The company, wholly owned by Kazakhstan's sovereign wealth fund, Samruk-Kazyna, operates a 16,000-kilometer rail network connecting Kazakhstan's production centers with China, Central Asia, Russia, the Caspian Sea region and Europe.In 2025, Temir Zholy generated freight turnover of 288.8 billion tonne-kilometers, while net profit more than doubled to 343.7 billion Kazakhstani Tenge.The company plans to use the proceeds to invest in railway digital infrastructure, build new railway lines, repay borrowings, and fund working capital and general corporate purposes.China International Capital Corporation Hong Kong Securities is acting as sponsor-overall coordinator.Citigroup Global Markets Asia, J.P. Morgan Securities (Asia Pacific) and Société Générale are serving as overall coordinators.

Hang Seng
Asia

Hong Kong Stocks Open Higher as Investors Await U.S. Labor Data

Hong Kong stocks opened higher on Thursday, kicking off the month's first trading session, as investors awaited key U.S. labor data and monitored developments in the Middle East.The Hang Seng Index increased 190.41 points, or roughly 1.1%, to 23,071.43, while the Hang Seng China Enterprises Index climbed 54.83 points, or 0.7%, to 7,613.13.Investors will be following the release of the U.S. non-farm payrolls data for clues on the Federal Reserve's stance on rate hikes.The U.S. economy is expected to have added 110,000 jobs in June, with unemployment remaining steady at 4.3%, according to a median estimate of economists polled by Reuters.Elsewhere, representatives from Iran and the U.S. concluded a round of indirect talks in Doha with no sign that any progress had been made towards ending their conflict permanently, Reuters reported.

Hang Seng
International

Macau's June Gaming Revenue Posts First Annual Decline in 2026

Macau's gaming revenue fell 12.1% year over year to 18.5 billion Macanese patacas in June, according to data released by the Gaming Inspection and Coordination Bureau.The June total was down from 22.6 billion Macanese patacas in May, marking the first annual decline this year.Gaming revenue for the first half of 2026 rose 6.8% from a year earlier to 126.9 billion Macanese patacas.

Hang Seng
Asia Markets

Tech Gyrations, Persian Gulf View Roil Asian Stock Markets

Asian stock markets churned on Wednesday, as traders again weighed gyrating tech-sector values and Persian Gulf uncertainties.Shanghai and Tokyo finished in the green, while Hong Kong was closed on holiday. Other regional exchanges were choppy, including a 2% retreat on South Korea's KOSPI index.In Japan, the Nikkei 225 finished up 0.6% as traders backed AI- and semiconductor-related issues.The benchmark Nikkei 225 rose 412.64 to 70,474.96, although losing issues outnumbered gainers 127 to 95.Leading the upside was silicon wafer maker Sumco, up 11.4%, while Furukawa Electric declined 8%.In economic news, confidence among major Japanese manufacturers in June improved to the highest level in eight years, as demand for chips and AI-related gadgets offset risks posed by Persian Gulf turmoils, reported the Bank of Japan, citing its quarterly Tankan survey.The confidence sentiment index for large manufacturers rose to 22 in Q2, from 17 in Q1, said Japan's central bank.The confidence index for large non-manufacturers, including the service sector, logged at 37 for Q2, up from 36 in Q1, according to the Bank of Japan.On the mainland, the Shanghai Composite rose 0.4% to 4,112.45.In economic news, China's final manufacturing purchasing managers index (PMI) inched down to 51.7 in June from 51.8 in May, but still stuck above the 50-mark that separates growth from contraction, reported S&P Global.On the other regional exchanges, the Taiwan TWSE rose 1.9%; the Australian ASX 200 declined 0.6%; the Singapore Straits Times Index fell 0.2%, and the Thai Set declined 0.2%. In late trading in Mumbai, the Sensex was up 0.5%.In economic news, South Korean exports surged 70.9% on the year to a record monthly high of $102.25 billion in June, led by a surge in semiconductor shipments, reported the Ministry of Trade, Industry & Energy.The MSCI All Country Asia Pacific Index fell 0.1% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Fitch Sees AI, Private Credit, Sovereign Risk as Main Themes for Asian Investors

Institutional investors across Asia consider AI disruption, private credit growth, and sovereign risk as major credit risk drivers, Fitch Ratings said in a recent release.Overspending in AI and digital infrastructure has become a main theme for investors, as it introduces completion risk, high capital expenditure, and pricing pressure, Fitch said.While AI increases efficiency gains, it also carries risks from labor displacement and declining tax bases, mainly in developed markets, the rating agency said.For private credit, heightened asset competition and opacity risks due to the use of layered finance structures could muddy leverage and creditor positioning, Fitch said.Investors call for stronger oversight in private credit, especially in terms of rating criteria and market practices, according to Fitch.The rating agency also sees lingering macroeconomic volatility due to Gulf tensions and supply chain disruption, with a proposed peace deal moving focus to the conflict's residual and indirect effects.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
Asia

UK to Boost Service Exports to China

The U.K. is looking to increase services exports to China through a "trade booster" initiative that will be discussed during the 15th UK-China Joint Economic and Trade Commission, or JETCO, on July 2, the U.K. government said Monday.HSBC (HKG:0005), JD.com (HKG:9618), and Industrial and Commercial Bank of China (HKG:1398, SHA:601398) are among the 200 businesses joining JETCO.While the U.K. is the second-largest services exporter worldwide, China is only the ninth-largest service export destination, the U.K. government said.

Hang SengShanghai Composite^SZSEHKG:0005HKG:1398HKG:9618SHA:601398
Asia

AI Demand, Hormuz Reopening Stabilize Credit Conditions for Asia-Pacific Sectors, S&P Says

S&P Global Ratings expects a stable credit environment for Asia-Pacific sectors amid solid AI demand and the reopening of the Strait of Hormuz, according to a Wednesday release.A drop in headline oil prices provides some relief to the region, which is a net energy importer, and offers upside growth potential, S&P's Asia-Pacific head of credit research, Eunice Tan, said.The region's issuers showed a net rating outlook bias of -2% as of May, improving from -3% in March, S&P said.AI demand anchors the region's tech and upstream electronics producers, with resulting growth offering a buffer against energy shocks, the rating agency said.However, second-order shocks could lead to a mixed recovery, with a slow turnaround in non-energy flows adding pressure on input costs and protracting disruptions for petrochemicals, agriculture, transportation, and manufacturing, Tan said.A notable decline in AI-related optimism or heightened geopolitical tensions could also quickly hit financing conditions, S&P said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
International

Hong Kong Exchange Fund's Total Assets Increase in May

The total assets of Hong Kong's Exchange Fund increased to HK$4.391 trillion as at May 31, up from HK$4.354 trillion at the end of April, the Hong Kong Monetary Authority (HKMA) said Tuesday.Foreign currency assets rose by HK$39.8 billion in the month, driven primarily by interest income, mark-to-market revaluation of investments and government bond issuance proceeds, while Hong Kong dollar assets declined by HK$3.1 billion, due to a mark-to-market revaluation of Hong Kong equities, the release said.The monetary base at the end of May was steady at HK$2.072 trillion, it said.

Hang Seng
International

Hong Kong Lenders Approve HK$40 Billion in Mortgage Loans in May

The value of mortgage loans approved in Hong Kong in May increased 10.1% from a month earlier to HK$40.2 billion, the Hong Kong Monetary Authority said Tuesday.Of the total, mortgages financing primary market transactions rose by 9.4% to HK$11.7 billion, while those financing secondary market transactions increased by 9.1% to HK$23.8 billion.The outstanding value of mortgage loans increased month-on-month by 0.4% to HK$1.946 trillion at end-May.

Hang Seng
Asia

HKEX to Standardize Board Lot Units Under New Framework

Hong Kong Exchanges and Clearing or HKEX (HKG:0388) will streamline the board lot framework for the securities market by standardizing board lot units and lowering the minimum board lot value, according to a Tuesday press release.The exchange will reduce the board lot value floor from HK$2,000 to HK$1,000, introduce a HK$50,000 ceiling for securities with board lots larger than 100 shares, and standardize board lot units to eight options ranging from one to 10,000 shares.The changes will be rolled out in two phases.The first phase, taking effect on July 2, will cover new IPO applicants and existing issuers, while the second, beginning on Nov. 16, will follow the launch of the Uncertificated Securities Market.HKEX said it also plans to enhance odd-lot trading, including exploring an automatic matching mechanism that could be introduced as early as the third quarter of 2027, subject to regulatory approval.

Hang SengHKG:0388
International

Hong Kong's Total Deposits Rise 2.3% in May

Hong Kong's total deposits with authorized institutions rose 2.3% in May, data released by the Hong Kong Monetary Authority (HKMA) on Tuesday showed.Of the total, Hong Kong dollar deposits increased 1.2%, while foreign currency deposits climbed 3.2%, mainly reflecting corporate fund flows.Total and Hong Kong dollar deposits in the first five months of the year grew 4.8% and 4.4%, respectively.Renminbi deposits in Hong Kong rose 5.3% to 1.135 trillion yuan at the end of May, the HKMA said.Hong Kong dollar M2 and M3 each gained 1.1% in May, while total M2 and total M3 both rose 2.4%.Compared with a year earlier, Hong Kong dollar M2 and M3 increased 1.1% and 1.0%, respectively, while total M2 and total M3 grew 9.9% and 9.8%, respectively.Total loans and advances rose 1.4% and were up 5.0% from a year earlier, the HKMA said.

Hang Seng
Asia

HKMA Enters Innovation Cooperation MoU with Turkish Central Bank

The Hong Kong Monetary Authority (HKMA) entered into an MoU with the Central Bank of Turkey (CBRT), according to a Tuesday release by the former.The move comes to boost cooperation on financial innovation projects."This MoU provides a solid foundation for exchanging insights and expertise, and we look forward to building a dynamic and innovation-driven future for both Hong Kong and Turkey," HKMA Chief Executive Eddie Yue said.

Hang Seng
Asia Markets

Tech Rebound Lifts Asian Stock Markets

Asian stock markets largely gained on Tuesday, following strong overnight rallies on Wall Street and a rebounding tech sector.Shanghai and Tokyo finished in the green, although Hong Kong fell back. Other regional exchanges were similarly mixed.In Japan, the Nikkei 225 opened higher on New York cues and held ground, finishing up 0.9% as traders again waded back into AI- and semiconductor-related shares.The benchmark Nikkei 225 rose 594.21 to 70,062.32, although losing issues outnumbered gainers 121 to 103.Leading the upside was advanced materials maker Taiyo Yuden, up 8.3%, while IT conglomerate NEC declined 3%.In economic news, Japan's industrial production in May rose 0.5% from April, but was down 1.7% on the year, reported the Ministry of Economy, Trade and Industry.In Hong Kong, the Hang Seng Index opened lower and drifted, closing down 0.6% despite a firming tech sector.The broad gauge Hang Seng fell 145.66 to 22,881,02 as losing issues outnumbered gainers 78 to 15. The Hang Seng TECH Index gained 1.8% on the day, but the Mainland Properties Index fell 1%.Leading the upside was computer maker Lenovo, gaining 8.2%, while Nongfu Spring declined 8.4%.On the mainland, the Shanghai Composite rose 0.5% to 4094.40.In economic news, mainland China's manufacturing purchasing managers index logged at 50.3 in June from 50.0 in May, and striking modestly above the mark that separates growth from contraction, reported the National Bureau of Statistics.The nation's non-manufacturing PMI posted at 50.2 in June, up from 50.1 in May.On the other regional exchanges, the South Korean KOSPI rose 1%; the Taiwan TWSE gained 2.5%; the Australian ASX 200 declined 0.5%; the Singapore Straits Times Index fell 0.7%, and the Thai Set advanced 0.9%. In late trading in Mumbai, the Sensex was down 0.3%The MSCI All Country Asia Pacific Index rose 0.7% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Hong Kong Stocks Fall Amid Middle East Uncertainty; Nine Firms File for IPO

Hong Kong stocks closed lower Tuesday as uncertainty returned in the Middle East, raising bets for a U.S. rate hike.The Hang Seng Index fell by around 145.66 points, or roughly 0.6%, to end at 22,881.02, while the Hang Seng China Enterprises Index decreased by 47.04 points, or 0.6%, to end at 7,558.30.U.S. President Donald Trump said U.S. and Iranian officials will meet in Qatar on Tuesday after Tehran "requested" talks following days of reciprocal attacks that strained their interim agreement, according to AL Jazeera.However, Iranian Foreign Ministry spokesman Esmaeil Baghaei said the Iranian delegation has no talks scheduled with the U.S. and is visiting Qatar only to secure the release of frozen assets.Investors are now eyeing progress in the possible U.S.-Iran talks and U.S. June jobs data, scheduled to be released Thursday, for hints on the U.S. Federal Reserve's interest rate decision at its July 28-29 meeting.So far, traders are pricing in about a 64% probability of a September increase, Reuters reported, citing the CME FedWatch tool.In local development, the bad-loan ratio across Hong Kong banks declined in the first quarter of 2026, according to a quarterly update released by the Hong Kong Monetary Authority.The classified loan ratio of the banking sector decreased to 1.87% at the end of March from 2.01% at the end of December 2025, the HKMA said.In corporate news, nine firms filed to go public in Hong Kong in one of the busiest days for initial public offering filings.Among the companies looking to go public were Alibaba-backed Chaozhou Three-Circle (HKG:6951, SHE:300408), Befar Group (HKG:6745, SHA:601678), Nexchip Semiconductor (China) (HKG:2249), and Luxshare Precision Industry (SHE:002475, HKG:2475).Others included Jiangxi Qiyunshan Food (HKG:2797), Guangdong Dtech Technology (HKG:1377), and Rokae (Shandong) Robotics Group (HKG:3752).EKH (HKG:2523) and Rigol Technologies (HKG:0537, SHA:688337) are also among the firms looking to go public.

Hang SengHKG:0537HKG:1377HKG:2249HKG:2475HKG:2523HKG:2797HKG:3752HKG:6745HKG:6951SHA:601678SHA:688337SHE:002475SHE:300408
Asia

Asia-Pacific Banks Stable Amid Negative Market Events, S&P Says

Asia-Pacific banks continue to be stable despite lingering adverse market events such as the Middle East conflict and inflationary pressures, S&P Global Ratings said on Tuesday.The region's banks have limited direct Middle East exposure, S&P financial institution ratings sector lead Gavin Gunning said.Spillover effects from the conflict pose the greatest risk for the banks, with the indirect impact being manageable but increasing for certain economies, Gunning said.S&P holds a stable outlook on 92% of rated Asia-Pacific banks, indicating stable trends over the next one to two years.Financial institutions have ample buffers for war-linked constraints, although credit losses could increase by $180 billion under S&P's downside scenario.Banks also face medium risk from the negative hit of technological advancements such as AI-linked cyber risks, S&P said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
International

Hong Kong Banks' Bad-Loan Ratio Falls in Q1 2026

The bad-loan ratio across Hong Kong banks declined in the first quarter of 2026, according to a quarterly update released by the Hong Kong Monetary Authority on Monday.The classified loan ratio of the banking sector decreased to 1.87% at the end of March from 2.01% at the end of December 2025, the HKMA said.The classified loan ratio for mainland-related lending also shrank to 1.79% from 1.94% a quarter earlier.The delinquency ratio of residential mortgages edged down to 0.13% from 0.14% in the prior quarter, while the delinquency ratio of credit card lending increased to 0.39% from 0.35%, figures showed.

Hang Seng
Asia

Hong Kong Stocks Open Lower as Investors Track Iran, US Updates

Hong Kong stocks edged lower at market open on Tuesday as investors tracked the progress of talks between Iran and the U.S.The Hang Seng Index edged down 18.81 points, or roughly 0.08%, to 23,007.87, while the Hang Seng China Enterprises Index fell 6.3 points, or 0.08%, to 7,599.02.Representatives from Iran and the U.S. were due in Doha this week, but Tehran said no meeting had been scheduled between both sides, highlighting the fragility of a June 17 agreement to pause fighting that has disrupted global oil flows, Reuters reported.Traders also appeared to be waiting for June labor data in the U.S. for clues on the Federal Reserve's stance on rate hikes.

Hang Seng
Asia Markets

Asian Stock Markets Gain as Tech Sector Stabilizes

Asian stock markets largely advanced on Monday, as last week's tech rout appeared to recede and global crude prices remained roughly steady, despite fresh turmoil in the Middle East.Hong Kong, Shanghai, and Tokyo finished in the green, as did most other regional exchanges.In Japan, the Nikkei 225 opened evenly, wobbled, but finished up 0.2%.The benchmark Nikkei 225 rose 107.23 to 69,468.11, as gaining issues outnumbered losers 157 to 9.Leading the upside was advanced materials maker Taiyo Yuden, up 10.9%, while tech financier SoftBank fell 5.3%.In economic news, Japan's retail sales rose 5.3% on the year in May, and advanced 1.9% from April, reported the Ministry of Economy, Trade and Industry.In Hong Kong, the Hang Seng Index opened higher and rose to the close, finishing up 1.6% as tech-sector sentiments were boosted on IPO news.The broad gauge Hang Seng rose 354.82 to 23,026.68 as gaining issues outnumbered losers 73 to 12. The Hang Seng TECH Index gained 3.2% on the day, while the Mainland Properties Index rose 1.5%.Leading the upside was CSPV Pharmaceutical, gaining 6.9%, while Lenovo declined 9.2%.On the mainland, the Shanghai Composite rose 1.2% to 4,073.90.In corporate news, Baidu's (BIDU) AI chip unit, Kunlunxin, plans a $50 billion IPO in Hong Kong, reported Radio Television Hong Kong.Also, China's autonomous driving startup Momenta is preparing a $751 million IPO, also to be listed in Hong Kong, reported the South China Morning Post.On the other regional exchanges, the South Korean KOSPI fell 0.2%; the Taiwan TWSE rose 1%; the Australian ASX 200 advanced 0.7%; the Singapore Straits Times Index rose 0.3%, and the Thai Set gained 2.3%. In late trading in Mumbai, the Sensex was down 0.5%The MSCI All Country Asia Pacific Index rose 0.2% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Hong Kong Stocks Rebound as US-Iran Ceasefire Breakthrough Eases Oil Flow Fears; Five Firms File for IPO

Hong Kong stocks rebounded Monday, recovering from last week's tech selloff, after Iran and the U.S. agreed to halt attacks and resume talks, lifting hopes for de-escalation and easing concerns over oil flows through the Strait of Hormuz.The Hang Seng Index rose by around 354.82 points, or roughly 1.6%, to end at 23,026.68, while the Hang Seng China Enterprises Index increased by 144.50 points, or 1.9%, to end at 7,605.34.Rhetoric between Iran and the U.S. intensified this past week after both sides accused each other of violating an interim ceasefire.However, officials are now scheduled to meet in Qatar on Tuesday to resume technical talks to end hostilities in the region and agreed to let vessels pass through the vital Strait of Hormuz, Reuters reported.Investors also reacted to data demonstrating an accelerated pace of profit growth across China's major industrial enterprises during the first five months of the year.Profits of China's major industrial firms grew 18.8% year over year to 3.14 trillion yuan during the first five months of the year, according to data from the National Bureau of Statistics on Saturday.In corporate news, five firms filed to go public in Hong Kong.Among the future debutants, Momenta Global (HKG:6880) is seeking to raise about HK$5.89 billion to enhance its core autonomous driving technologies, while EACON Group (HKG:7687) is targeting HK$2.23 billion to expand its hardware and software capabilities.Elsewhere, BASiC Semiconductor (HKG:9971) is seeking to raise up to HK$866 million to expand its production base and Reconova Technologies (HKG:7656) is eyeing about HK$608.4 million for product iteration and new product development.Also among the list, DKE Holding (HKG:1770) launched its Hong Kong IPO to raise up to HK$517.5 million to advance the intelligentization of its production bases.

Hang SengHKG:1770HKG:6880HKG:7658HKG:7687HKG:9971
Asia

Financial Profile, Qualitative Factors Define Asia-Pacific Renewable Power Issuers' Ratings, Fitch Says

Asia-Pacific renewable power issuers' ratings are dependent on their financial profile and qualitative factors such as off-taker mix, issuance structure, and refinancing risk, Fitch Ratings said Monday.Fitch's credit assessment of this group, composed of 13 issuers, ranges from B+ to BBB-.The difference between performance and expectations as well as the spread in energy yield estimates factor into Fitch's assessment of volume risk and the estimate threshold for a wind or solar portfolio.The rating agency considers waste-to-energy projects within the portfolio to contain higher load factors than solar and wind projects, although volatile fuel availability could impact volume.Issuers narrow supply risk through fuel supply contracts with local suppliers and availability of fuel in regions near the projects, Fitch said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE

Showing 321-340 of 597

Track with the FINWIRES app suite

FolioX
FolioX
Track Hang Seng Index in your portfolio
WheelAI
WheelAI
Analyze Hang Seng Index options with the wheel strategy
StockInsider
StockInsider
See market sentiment on Hang Seng Index