Hong Kong Shares Extend Losses, Eye Weekly Retreat

2025-09-26 02:10 By Farida Husna 1 min. read

Stocks in Hong Kong dipped 240 points, or 0.9%, to 26,240 on Friday morning deals, extending losses from the prior session after Wall Street’s record-breaking rally stalled overnight amid mixed signals from Fed officials on potential interest rate cuts and concerns over lofty valuations.

For the week, the market is on track to post its first decline in four weeks, down around 1%, pressured by renewed worries over U.S.

tariffs.

President Trump on Thursday proposed a 100% levy on branded pharmaceuticals not made in the U.S., a 25% tariff on heavy trucks, and duties of up to 50% on furniture.

Losses were partly offset by August trade data showing Hong Kong’s exports jumped 14.5% yoy while imports rose at a slower 11.5%, with both sales and purchases up 13% for the first eight months of the year.

All sectors retreated, led by consumer, tech, and financials, with notable decliners including Innoscience Tech (-7.3%), Lenovo Group (-3.6%), Hang Seng Bank (-3.1%), and Want Want China (-2.8%).



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