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26.06.26 - 05:48
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Hang Seng Index heads for worst week in over a year as renewed sell-off engulfs tech names (SCMP)
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Stocks in Hong Kong and on mainland China tumbled on Friday, as a fresh bout of sell-offs in technology companies put the city's equity benchmark on track for its worst weekly performance in more than a year.
The Hang Seng Index fell 2.3 per cent to 22,538.65 as of 11.38am local time, heading for a 5.8 per cent loss this week. If the rate of decline holds until the close, it will be the biggest drop for the five-day period since April 11, 2025.
The Hang Seng Tech Index dropped almost 4 per......
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25.06.26 - 09:12
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Hang Seng Index briefly slips below 23,000 as Alibaba leads tech sell-off (SCMP)
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Hong Kong stocks fell, briefly driving the benchmark below the 23,000-point mark for the first time in a year, as technology companies led the decline
The Hang Seng Index slid by as much as 1.8 per cent to 22,992.62. If the decline is sustained, the benchmark would close below the threshold of 23,000 for the first time since June last year. It recently traded at 23,024.69 as of 3:03pm local time.
On the mainland, the CSI 300 Index closed up 1.56 per cent.
Alibaba Group Holding slumped 4.2 per......
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24.06.26 - 03:54
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Hong Kong stocks rebound, in contrast to overnight sell-offs in US (SCMP)
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Hong Kong stocks rebounded on Wednesday, bucking an overnight rout in US stocks spurred by jitters about frothy technology company valuations and an unwinding of leveraged bets on South Korean chipmakers.
The Hang Seng Index rose 0.6 per cent to 23,482.58 by 9.33am. The Hang Seng Tech Index gained 1 per cent. Mainland China's CSI 300 Index slipped 0.1 per cent.
US stocks tumbled overnight, battered by sell-offs in technology stocks on growing concerns about the rapid pace of share price rises......
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16.06.26 - 01:00
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How to ride out Hong Kong′s US$274 billion lock-up expiry wave hitting stocks this year (SCMP)
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Investors will soon need to contend with a side effect of Hong Kong's initial public offering (IPO) boom over the past year, as an unprecedented number of shares are expected to flood the market once lock-up restrictions expire.
Over the next 12 months, shares worth US$274 billion could potentially be freed, including those from the city's hottest IPOs such as MiniMax Group and Knowledge Atlas Technology, according to Goldman Sachs.
Investors including SPI Asset Management said the surge in......
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Aktienmarkt Hong Kong (China) 22963.354 -0.26% (Hang Seng Kurs)
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