Hong Kong Stocks Drop Toward 11-Month Lows

The Hang Seng Index fell 208 points, or 0.9%, to 24,350 on Wednesday, extending losses to a sixth consecutive session and hovering near its lowest level since July 2025. Investor sentiment remained fragile amid escalating tensions in the Middle East and a renewed selloff in selected technology shares. Markets were pressured after reports that US forces launched fresh strikes against Iran following the downing of an American helicopter, raising concerns about broader regional instability and threatening a fragile ceasefire. Oil prices also rebounded on fears of potential supply disruptions. Meanwhile, investors assessed China’s latest inflation data, which showed annual consumer price growth held steady at 1.2% in May, unchanged from April, reinforcing expectations that policymakers may continue implementing measures to aid economic recovery. Among the biggest decliners were Lenovo (-5.2%), Xiaomi (-1.8%), HKEX (-0.7%), SMIC (-0.9%), and Knowledge Atlas Technology (-3.4%).
Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service
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



