Hong Kong Stocks End Nearly Flat
2026-08-18 02:09
By
Nicole Aliyah
1 min. read
The Hang Seng Index was little changed, edging up 0.1% to close at 25,471 on Tuesday, after fluctuating between gains and losses during the session as market participants weighed renewed geopolitical uncertainty and higher oil prices against continued interest in Chinese tech and semiconductor stocks.
Brent crude climbed above $91 a barrel after the US-Iran ceasefire expired, fueling concerns that higher energy costs.
A mixed overnight performance on Wall Street also weighed on sentiment.
Among individual stocks, Xiaomi remained in focus ahead of its quarterly earnings after the strong results could extend the company's best quarterly share-price rally in more than a year, provided it reassures investors that rising material costs are coming under control.
Meanwhile, sentiment remained restrained following weaker-than-expected July economic data from China released a day earlier.
Notable laggards were Z.AI Co. (-13.3%) and MiniMax (-5.0%), while SMIC (0.9%) and Xiaomi (1.2%) gained.