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?

Hong Kong's Trade Deficit Narrows to HK$4.9 Billion in July
US Markets

Hong Kong's Trade Deficit Narrows to HK$4.9 Billion in July

Hong Kong's trade deficit for July significantly narrowed to HK$4.9 billion from HK$52 billion in June as exports, although slowing down from the prior month, was still ahead of imports due to the ongoing popularity of artificial intelligence.Data from the Census and Statistics Department published Tuesday showed that the value of total exports jumped 50.7% to HK$672.5 billion, weaker than the 53.4% growth in June. The value of total imports rose 41% to HK$677.4 billion, lower than the 45.4% increase in the prior month.A government spokesperson said that demand for AI-related electronic products was a major driver to the growth in exports.When it comes to merchandise, office machines and automatic data processing machines are Hong Kong's biggest exports during the month, soaring 106.5%, while shipments of electrical machinery and equipment jumped 54%.For imports, non-ferrous metals topped the list as its import value surged 242.5%.The U.S. is still Hong Kong's biggest exporting partner as shipments to the world's biggest economy grew 92.9% from a year earlier, while total exports to Asia rose by 54.6%.Meanwhile, Korea was the top importer as imports soared 146.6%, followed by India and the United Kingdom, which surged 110.7% and 106.3%, respectively.

Hang Seng
International

Hong Kong's Trade Deficit Shrinks to HK$4.9 Billion in July

Hong Kong's trade deficit narrowed to HK$4.9 billion in July from HK$52.0 billion in June, according to data from the Census and Statistics Department released Tuesday.Exports rose 50.7% year over year to HK$672.5 billion, while imports increased 41% to HK$677.4 billion.

Hang Seng
Asia

Hong Kong Stocks Ease as Investors Await Nvidia Results; Ingenic Semiconductor Flat on Debut

Hong Kong stocks edged lower Tuesday as investors remained cautious ahead of Nvidia's results.The Hang Seng Index fell 6.23 points, to close at 25,511.10, while the Hang Seng China Enterprises Index lost 25.99 points, or 0.3%, to finish at 8,445.37.Technology stocks remained under pressure ahead of Nvidia's quarterly results, with investors looking beyond headline figures to assess whether the chipmaker's strong AI-related growth can be sustained.Oil prices were broadly stable after retreating more than 2% in the previous session.Markets also awaited Federal Reserve Chair Kevin Warsh's Jackson Hole speech on Friday for further clues on the outlook for U.S. interest rates.In corporate news, Ingenic Semiconductor (HKG:3223, SHE:300223) debuted in Hong Kong, closing flat at its offer price of HK$100.

Hang SengHKG:3223SHE:300223
Asia

Market Chatter: Shein's Up to $1.8 Billion Hong Kong IPO Attracts Full Investor Demand

Shein's Hong Kong IPO has attracted enough investor orders to cover the full offering of up to $1.8 billion, Reuters reported Tuesday, citing two people familiar with the matter.The online fast-fashion retailer is offering 280 million shares at HK$47.60 to HK$49.50 apiece, valuing the company at up to about $27 billion. New share sale opened on Monday, attracting orders from existing shareholders as well as China-focused and multi-strategy funds, the sources told Reuters.Shein will announce the final IPO price on Monday, with shares scheduled to begin trading on Hong Kong's exchange on Sept. 1.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 Seng
Asia

Market Chatter: Supply Chain AI Company Miotech Eyes Hong Kong IPO After Merger

Miotech, a Hong-Kong based sustainability reporting and supply chain AI company, is looking to list on the Hong Kong bourse in 2028, Nikkei Asia reported Tuesday citing the company's founder Jason Tu.The move came after Miotech agreed to merge with the green finance and ESG business of CCX Group on Monday, according to a same-day release."After the merger, our revenue size and profitability will have passed the Hong Kong Exchange main board listing criteria," Tu told Nikkei Asi in an interview, adding that the company is starting to prepare for the IPO.The combined company, CCX-MioTech, will focus on agentic AI for sustainability reporting and sustainable supply chain management.(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
Asia

Asia-Pacific Airlines to Pursue Further Growth Despite Rising Costs, S&P Says

Asia-Pacific airlines will continue with their long-term growth efforts despite rising costs, S&P Global Ratings said in a Tuesday release.Airlines are focusing their investments on new fuel-efficient aircraft amid long-term demand forecasts, a drop in post-pandemic debt and diversified funding, S&P said.The region's airlines have 5,700 aircraft on order and capital commitments exceeding $300 billion, according to the rating agency.Air carriers, especially low-cost ones, face increased jet fuel costs and weak currencies, the rating agency said.Still, S&P sees better recovery starting the fourth quarter, with demand remaining strong despite increased fares.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
Asia

Hong Kong Stocks Rise at Open as Tech Shares Rebound

Hong Kong stocks opened higher on Tuesday as technology shares recovered from the previous session's losses.The Hang Seng Index rose 0.5%, or 116.89 points, to open at 25,634.22, while the Hang Seng China Enterprises Index gained 0.3%, or 29.15 points, to 8,500.51.Alibaba's (HKG:9988) discounted share sale and investor caution ahead of Nvidia's quarterly results on Wednesday had added to pressure on the technology sector.Investors also await U.S. Federal Reserve Chair Kevin Warsh's speech at Jackson Hole later this week for clues on the interest-rate outlook.

Hang SengHKG:9988
Asia Markets

Tech Shares Decline, Pull Down Asian Stock Markets

Asian stock markets were pressured on Monday as tech shares fell back on rising interest rates, and after China's e-commerce colossus Alibaba (BABA) revealed plans to issue shares at a discount to the market.Hong Kong, Shanghai and Tokyo finished in the red, as did most other regional exchanges, led by 3.1% divot on Seoul's semiconductor-laden KOSPI index.In Japan, the Nikkei 225 opened evenly but slipped in trading, finishing off 0.7% after tech shares sank on cues in Wall Street futures markets, and on same-day reverses on South Korean exchanges.The benchmark Nikkei 225 fell 488.27 to 65,528.09, although gaining issues outnumbered losers 123 to 96, as declines were largely confined to AI- and semiconductor-exposed issues.Leading the upside was Sumitomo Metal Mining, up 3.2%, while memory-chip maker Kioxia fell 6.2%.In other market news, tech-financier SoftBank disclosed it plans to issue 1 trillion yen ($6.28 billion) in unsecured bonds, due 2033. SoftBank said the bonds will yield between 4.3% and 4.9% in annual interest, and proceeds will be used to pay down debt and make AI-related investments, reported The Mainichi newspaper.In Hong Kong, the Hang Seng Index closed down 1.9% after Alibaba said it would sell $10.2 billion of new shares at an 8.4% discount to Friday's close, to fund investments in chip production, and in AI infrastructure and models.The broad gauge Hang Seng fell 492.13 to 25,517.33, as losing issues outnumbered gainers 75 to 17. The Hang Seng TECH Index lost 3.6% on the day, while the Mainland Properties Index fell 1.4%.Leading the upside was China Petroleum & Chemical, gaining 5.9%, while Alibaba declined 8.5% to lead the downside.On the mainland, the Shanghai Composite fell 0.6% to 3,882.01.On the other regional exchanges, the Taiwan TWSE declined 1%; the Australian ASX 200 rose 0.5%; the Singapore Straits Times Index fell 0.1%, and the Thai Set declined 0.8%. In late trading in Mumbai, the Sensex was down 0.2%.The MSCI All Country Asia Pacific Index fell 1.1% on the day.

Hang SengNikkei 225Shanghai Composite
International

Asia Week Ahead: Jackson Hole Symposium; Interest Rate Decisions; Industrial Output

For the week ahead in Asia, a number of key releases are scheduled to be published.The highlight of the week will be the Jackson Hole Symposium, beginning Thursday and concluding Saturday.Investors will look for clues in the U.S. Federal Reserve Chair Kevin Warsh's speech regarding potential interest rate changes.Interest rate decisions from several other countries will also be in focus this week.Investors will closely watch industrial output, trade data, and business and consumer sentiment reports for insights into the region's economic momentum.MONDAY, Aug. 24Singapore's core consumer price index (CPI) rose 2% year over year in July, with headline inflation accelerating to 2.2%.Taiwan's seasonally adjusted unemployment rate remained unchanged month over month at 3.33% in July.Thailand will post trade data today.TUESDAY, Aug. 25An interest rate decision by the Bank of Thailand will take center stage, with expectations of the bank holding rates steady at 1%, the Wall Street Journal reported citing ANZ's Kausani Basak.Separately, Taiwan's industrial output for July is forecast to rise 23.3% year over year, compared with a 23% growth previously, according to economists at ING.South Korea's consumer sentiment is anticipated to improve slightly, with the Composite Consumer Sentiment Index rising to 107 for August, according to a Trading Economics forecast.Hong Kong's export and import data for July will land.WEDNESDAY, Aug. 26Singapore's year-over-year industrial production growth will slow to 6.9% in July, Trading Economics said.South Korea will publish business confidence data.THURSDAY, Aug. 27An anticipated speech by Deputy Governor of Bank of Japan, Ryozo Himino, may provide insight on potential policy rate hikes in September or October, according to the WSJ.Elsewhere, analysts are on the fence regarding The Bank of Korea hiking rates or holding them steady, the WSJ reported citing Barclays economist Bum Ki Son. The bank is, however, expected to raise its growth projection.The Philippines will likely increase its policy rate to 5% from 4.75%, according to ING and the WSJ.China's industrial profit from the January to July period is forecast to grow 16%, compared with 18.7% previously, according to Trading Economics.FRIDAY, Aug. 28Japan will release a slew of data on Friday.Tokyo CPI and core CPI for August are expected to come in at 1.9% and 1.7%, respectively, according to market consensus forecast data by ING.Unemployment rate is projected to remain unchanged at 2.5% in July, according to an investing.com forecast.Japan is also scheduled to release consumer confidence data for August.Elsewhere, India's industrial production is forecast to rise 6.2% year over year in July, according to Investing.com. Manufacturing output data will also arrive the same day.Singapore will publish producer price index numbers for July.

^BSE^HNX^HOSEHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225Nifty 50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

Hong Kong Stocks Fall on Tech Weakness; Alibaba Slides on HK$80 Billion Share Sale

Hong Kong stocks closed lower Monday as investors turned cautious ahead of Nvidia's earnings and fresh U.S. sanctions on Iran.The Hang Seng Index fell 492.13 points, or 1.9%, to close at 25,517.33, while the Hang Seng China Enterprises Index lost 162.98 points, or 1.9%, to finish at 8,471.36.Technology shares came under pressure ahead of Nvidia's quarterly results as investors watched whether the chipmaker could meet elevated expectations for artificial intelligence demand and spending.Oil prices eased ahead of U.S. Treasury Secretary Scott Bessent's announcement on sanctions against Iran.Investors also looked ahead to U.S. inflation data and Federal Reserve Chair Kevin Warsh's speech at Jackson Hole later this week for clues on the central bank's interest rate path.In corporate news, Alibaba (HKG:9988) fell nearly 9% after launching an HK$80 billion share offering to fund its AI expansion.Meanwhile, Kingboard Laminates (HKG:1888) ended nearly 6% lower despite its first-half profit surging 209%.

Hang SengHKG:1888HKG:9988
Asia

Shein to Pay Up to $3.53 Billion to Certain Pre-IPO Investors

Shein Global Holdings will pay up to $3.53 billion in cash to certain holders of its late-stage preferred shares ahead of its Hong Kong IPO, according to the fast-fashion retailer's prospectus on Monday.The amount comprises about $2.19 billion under conversion-price adjustment protections and about $1.33 billion in separate payments to holders of Series pre-D, Series D and Series D+ preferred shares. Shein will also issue 19.6 million additional shares to eligible holders at no cost.The $1.33 billion payment includes about $1.1 billion payable in three instalments by March 31, June 30 and Sept. 30, plus an estimated $230.4 million accruing until the IPO closes. The payments will be funded from Shein's own financial resources.Shein's proposed IPO comprises 280 million shares priced at HK$47.60 to HK$49.50 each, valuing the company at up to about $27 billion.

Hang Seng
Asia

Hang Seng Index Adds Hua Hong Grace, Weichai Power

Hang Seng Indexes Company will add Hua Hong Grace Semiconductor (HKG:1347, SHA:688347) and Weichai Power (HKG:2338, SHE:000338) to the Hang Seng Index, increasing the number of constituents to 95 from 93, according to the quarterly index review on Friday.The changes will be implemented after the market closes on Sept. 4 and will take effect on Sept. 7.There will be no changes to the 50-member Hang Seng China Enterprises Index.Shanghai Iluvatar CoreX Semiconductor (HKG:9903) will join the 30-member Hang Seng TECH Index, replacing Tongcheng Travel (HKG:0780).

Hang SengHKG:0780HKG:1347HKG:2338HKG:9903SHA:688347SHE:000338
Asia

Hong Kong Stocks Open Lower as Global Markets Eye Iran Sanctions

Hong Kong stocks opened lower on Monday amid uncertainty over potential U.S. sanctions on Iran.The Hang Seng Index fell 0.9%, or 229.34 points, to open at 25,780.12, while the Hang Seng China Enterprises Index dropped 1%, or 84.99 points, to open at 8,549.35.Investors are also watching for details of U.S. sanctions on Iran, while oil prices remain elevated after a sharp weekly gain.Markets are also looking ahead to Nvidia's results on Wednesday and Federal Reserve Chairman Kevin Warsh's speech at Jackson Hole later in the week for clues on the interest-rate outlook.

Hang Seng
Asia Markets

Bond Yields, Oil Prices Cap Asian Stock Markets

Asian stock markets were mixed on Friday, as traders weighed rising bond yields and Persian Gulf turmoil.Hong Kong finished in the green, Shanghai was flat and Tokyo lost ground. Other regional exchanges were mixed on the high side.Brent crude futures traded up 0.3% to $94.04 during Asian trading hours.In Japan, the Nikkei 225 opened lower on Wall Street cues and waffled, finishing off 0.3%, as traders weighed Japanese government bond yields near 30-year highs.The benchmark Nikkei 225 fell 200.43 to 66,016.36, although gaining issues outnumbered losers 135 to 85.Leading the upside was shipping-line Kawasaki Kisen Kaisha, up 7.3%, while Japan Steel Works fell 4.7%.In economic news, Japan's consumer price index-core (CPI-core), that strips out fresh foods, rose 1.8% on year in July, up from a 1.6% on-year gain in June, reported the Statistics Bureau of Japan.Japan's composite purchasing managers index (PMI), a combination of the manufacturing and services industries, rose to 53.4 in August from 52.7 in July, and struck further above the 50-mark that separates growth from contraction, reported S&P Global.In Hong Kong, the Hang Seng Index opened higher and rose to the close, finishing up 1.2% on earnings-season reports, and strength in property and tech issues.The broad gauge Hang Seng rose 310.97 to 26,009.46, as gaining issues outnumbered losers 76 to 15. The Hang Seng TECH Index gained 1.4% on the day, while the Mainland Properties Index rose 1.3%.Leading the upside was Laopu Gold, lifting 7.5%, while CSPC Pharmaceutical declined 3.5%.On the mainland, the Shanghai Composite closed flat at 3,905.20.On the other regional exchanges, the S. Korean KOSPI rose 0.9%; the Taiwan TWSE inclined 0.7%; the Australian ASX 200 declined 0.3%; the Singapore Straits Times Index rose 0.3%, and the Thai Set inclined 0.2%. In late trading in Mumbai, the Sensex was steady.The MSCI All Country Asia Pacific Index rose 0.9% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Hong Kong Stocks Rise on Tech, Property Gains; Henderson Land Jumps 7%

Hong Kong stocks closed higher Friday, supported by gains in technology shares and strength in property and insurance stocks, as the earnings season continues.The Hang Seng Index gained 310.97 points, or 1.2%, to close at 26,009.46, while the Hang Seng China Enterprises Index rose 86.50 points, or 1%, to 8,634.34.Aside from a barrage of corporate earnings updates, sentiment was also supported by expectations of further fiscal measures in China, with Vice Finance Minister Liao Min saying the government would increase spending aimed at households and consumption to support domestic demand. Xinhua reported that the new package will be rolled out in the latter half of the year.In company news, Henderson Land Development (HKG:0012) jumped more than 7% a day after reporting that first-half attributable profit increased to HK4.09billionfromHK2.91 billion a year earlier.Ping An Insurance (Group) (HKG:2318) rose 4% after reporting a 36% increase in first-half attributable net profit to 92.6 billion yuan.

Hang SengHKG:0012HKG:2318
Asia

Market Chatter: Chinese Court Accepts Evergrande Mainland Unit's Liquidation Petition

China Evergrande Group's main onshore unit, Hengda Real Estate, faces liquidation after a Guangdong court accepted a creditor's bankruptcy petition, South China morning Post reported Friday, citing a court statement.The Guangzhou Intermediate People's Court said the Huaxia branch of Guangzhou Rural Commercial Bank met the legal requirements to seek liquidation after Hengda failed to pay mature debts and had insufficient assets, the report noted.The acceptance came a day after Evergrande founder Hui Ka Yan was sentenced to life in prison for financial crimes.(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
Asia

Market Chatter: Alibaba-Backed Dexmal Targets 20 Billion Yuan Valuation in Latest Funding Round

Chinese robotics startup Dexmal is in talks to raise fresh funding at a valuation of about 20 billion yuan, Bloomberg reported Friday, citing founder Tang Wenbin.The fundraising follows previous rounds led by Alibaba Group Holding and NIO Capital, as investor interest grows in Chinese companies developing embodied AI for humanoid robots, the report noted. Dexmal also received investment from Chinese AI lab Z.AI in an earlier round, Tang reportedly told the news outlet.(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
Asia

Hong Kong Stocks Open Higher Amid Bond Rout, Iran Tensions

Hong Kong stocks opened higher on Friday as investors weighed renewed gains in U.S. Treasury yields against elevated oil prices and persistent inflation concerns.The Hang Seng Index rose 0.4%, or 109.12 points, to open at 25,807.61, while the Hang Seng China Enterprises Index gained 0.4%, or 31.80 points, to open at 8,579.64.Wall Street ended lower overnight, with the S&P 500 down 0.9% and the Nasdaq down 1%, as rising Treasury yields weighed on equities.U.S. Treasury Secretary Scott Bessent said Washington could impose its toughest-ever sanctions on Iran, reinforcing concerns over prolonged tensions and uncertainty surrounding the Strait of Hormuz.Brent crude rose to a one-month high of $94.71 before easing, keeping inflation risks in focus.

Hang Seng
Evergrande Founder Sentenced to Life in Jail in China
US Markets

Evergrande Founder Sentenced to Life in Jail in China

Hui Ka Yan, the founder of Chinese property conglomerate Evergrande Group and once was one of the richest men in Asia, was sentenced to life in prison by the Shenzhen Intermediate People's Court in Guangdong Province on Thursday.The Chinese court found Hui, also known as Xu Jiayin, guilty of multiple crimes, while 56 related individuals will be imprisoned between 22 months and 18 years. The crimes include corporate bribery, unlawful disclosure of important information and illegal issuance of loans and securities, various media agencies reported.As part of the sentencing, Evergrande Group, which was forced to delist from the Hong Kong exchange in 2025, faced a fine of 8.82 billion yuan, while Evergrande Real Estate Group received a fine of 7 billion yuan."The criminal acts of Xu and the two companies seriously disrupted the socialist market economy, infringed upon public and private property rights, and undermined the integrity of public officials in the performance of their duties, the court said, adding that given the exceptionally large sums involved, the particularly egregious circumstances, the extraordinarily heavy economic losses caused, and the extremely serious harm to society, they should be severely punished in accordance with the law," Xinhua wrote.Hui's legal woes started in late 2021 when Evergrande defaulted on loans following Beijing's 2020 debt crackdown in the real estate sector. In April 2026, Hui pleaded guilty. Thursday's ruling found that the Evergrande group of companies was engaged in widespread financial fraud via inflated assets and concealed liabilities, among others.The liquidators for Evergrande had no comment on the ruling when reached by.

Hang SengShanghai Composite^SZSE
Asia Markets

Tech, Interest Rate Outlooks Lift Asian Stock Markets

Asian stock markets gained ground Thursday on overnight Wall Street cues and as bond yields eased, after the US Treasury disclosed plans to boost buybacks of longer-term government debt.Hong Kong, Shanghai and Tokyo finished in the green, as did most other regional exchanges. Seoul's KOSPI index surged 5.9% as heavyweight semiconductor issues again found favor.In Japan, the Nikkei 225 opened higher and held ground, finishing up 1.4% as traders firmed on tech shares and noted lower interest rates.The benchmark Nikkei 225 rose 890.37 to 66,216.79, as gaining issues outnumbered losers 182 to 41.Leading the upside was Sumitomo Metal & Mining, up 10.8%, while Aozora Bank declined 3.1%.In economic news, Japan's exports rose 23.2% in July on the year, while imports rose 27.8% in the same time frame, reported the Ministry of Finance.In Hong Kong, the Hang Seng Index closed up 0.8% as housing and tech shares showed strength.The broad gauge Hang Seng rose 203.42 to 25,698.49 as gaining issues outnumbered losers 71 to 22. The Hang Seng TECH Index gained 0.4% on the day, while the Mainland Properties Index rose 1.4%.Leading the upside was Sino Biopharmaceutical, gaining 12.5%, while social media platform Kuaishou Technology declined 11%.On the mainland, the Shanghai Composite rose 0.2% to 3,903.72.In economic news, the People's Bank of China held key lending rates unchanged, at 3% for one-year loans and 3.5% for five-year loans.On the other regional exchanges, the Taiwan TWSE was up 0.5%; the Australian ASX 200 rose 0.3%; the Singapore Straits Times Index fell 0.4%, and the Thai Set was flat. In late trading in Mumbai, the Sensex was up 0.8%.The MSCI All Country Asia Pacific Index rose 1.8% on the day.

Hang SengNikkei 225Shanghai Composite

Showing 101-120 of 597

Track with the FINWIRES app suite