S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The Hang Seng Index edged down 0.2%, or 39 points, hovering around 25,475 on Tuesday, tracking overnight weakness on Wall Street as technology shares came under pressure. The decline was limited as strength in Hong Kong’s IPO market helped cushion broader risk-off sentiment. Investors remained cautious following Monday’s sharp sell-off in Alibaba after the e-commerce giant announced an HK$80 billion share placement to fund its artificial intelligence infrastructure expansion. The move raised concerns over potential dilution and the company’s rising AI-related capital spending. Meanwhile, investors continued to watch Shein’s Hong Kong IPO, which could raise up to US$1.8 billion at a valuation of about US$27 billion. Market attention also remained on upcoming US economic data and Federal Reserve policy signals for clues on the interest-rate outlook. Notable laggards included MiniMax (-4.7%), Meituan (-2.1%), Tencent (-0.1%), Xpeng Inc. (-5.8%), and SMIC (-1.2%).
