Hang Seng Stumbles Into Third Weekly Decline

2026-03-13 08:16 By Farida Husna 1 min. read

The Hang Seng retreated 251 points, or 1.0%, to close at 25,466 on Friday, extending losses for a third straight session as selling pressure spread across sectors.

The index also logged its third consecutive weekly decline, down 1.1%.

Sentiment was dampened by a notable drop in U.S.

stock futures as the Middle East conflict neared the two-week mark with no resolution in sight.

Tensions escalated after Tehran threatened disruption in the Strait of Hormuz, keeping crude prices elevated and fueling inflation concerns.

Mainland equities also weakened as traders awaited China’s February credit lending data and key activity indicators, including retail sales, for signals on domestic momentum.

Still, losses were capped by reports that U.S.

Treasury Secretary Bessent will meet He Lifeng in France on March 15–16, ahead of a planned Trump–Xi summit in Beijing in late March.

Major decliners included Zijin Gold Intl.

(-8.0%), Minimax Group (-6.6%), Knowledge Atlas (-4.1%), and AIA Group (-3.1%).



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