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The Hang Seng Index fell 0.9%, or 215 points, to 24,873 on Wednesday, reversing a modest gain in the previous session as investors took profits in technology stocks and remained cautious ahead of the expected meeting between Chinese President Xi Jinping and US President Donald Trump. The decline followed three consecut
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem
Nikkei 225 rose 0.7%; Japan bond yields retreated from a 30-year high. Hong Kong +0.2%, Shanghai +0.7%, and South Korea’s benchmark +1.4%.
Asian equities rebound as global bond yields pull back from multi-year highs after the U.S. expands Treasury buybacks across 10-, 20- and 30-year debt, easing sovereign yields across major Asian economies.
The Hang Seng Index fell about 0.9% to 25,160 on Friday for its fourth consecutive loss and its lowest level since July 24, with tech and Chinese e-commerce stocks under pressure.
() -- Hong Kong stocks closed lower Tuesday as renewed concerns over stretched AI valuations weighed on sentiment. The Hang Seng Index fell 0.5%, or 119.43 points, to close at 23,496.89, while the Hang Seng China Enterprises Index shed 0.5%, or 42.09 points, to finish at 7,770.26. The recent rally in AI-related shares