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 fell 0.4%, or 108 points, to 25,750 on Friday, as investors locked in profits following the benchmark’s recent rally. Sentiment was further dampened after China’s official PMIs unexpectedly fell back into contraction in July, raising concerns over the pace of economic recovery. Losses accelerated after Zhongji Innolight declined on its Hong Kong trading debut despite raising approximately HK$53.4 billion in one of the city’s largest IPOs this year, highlighting caution toward AI and semiconductor-related stocks amid a broader global technology selloff. Property stocks also came under pressure as analysts cautioned that Hong Kong’s housing rally may slow after a strong first half. Still, Hong Kong’s IPO market remained a bright spot, with investors also focusing on Shein after the fast-fashion retailer advanced its planned Hong Kong listing. Notable losers included Xiaomi (-7.9%), Tencent (-0.9%), Meituan (-3.2%), AIA (-1.0%), and Anta Sports (-1.6%).
