Hong Kong Stocks Fall to Six-Week Low

2026-09-10 02:09 By Nicole Aliyah 1 min. read

The Hang Seng Index fell 1.2%, or 300 points, to around 24,970 on Thursday, as escalating Middle East tensions and surging oil prices weighed on investor sentiment.

Brent crude extended its rally above US$100 a barrel after Iran said it was prepared for a more intense conflict, raising concerns over disruptions to energy flows through the Strait of Hormuz.

The US 10-year Treasury yield also climbed to around 4.86%, its highest level since November 2023, while Wall Street stocks fell for a third straight session.

Investors remained cautious ahead of key US inflation data that could influence the Federal Reserve’s interest-rate outlook.

Notable laggards included Tencent (-1.5%), Z.AI Co. (-4.3%), MiniMax (-2.4%), Xiaomi (-1.8%) and Meituan (-2.0%).

Meanwhile, Hong Kong’s technology sector continued to attract investor interest amid a strong IPO pipeline, with AI startup Moonshot having confidentially filed for a Hong Kong listing and DeepSeek preparing for a possible domestic IPO.



News Stream
Hong Kong Stocks Fall to Six-Week Low
The Hang Seng Index fell 1.2%, or 300 points, to around 24,970 on Thursday, as escalating Middle East tensions and surging oil prices weighed on investor sentiment. Brent crude extended its rally above US$100 a barrel after Iran said it was prepared for a more intense conflict, raising concerns over disruptions to energy flows through the Strait of Hormuz. The US 10-year Treasury yield also climbed to around 4.86%, its highest level since November 2023, while Wall Street stocks fell for a third straight session. Investors remained cautious ahead of key US inflation data that could influence the Federal Reserve’s interest-rate outlook. Notable laggards included Tencent (-1.5%), Z.AI Co. (-4.3%), MiniMax (-2.4%), Xiaomi (-1.8%) and Meituan (-2.0%). Meanwhile, Hong Kong’s technology sector continued to attract investor interest amid a strong IPO pipeline, with AI startup Moonshot having confidentially filed for a Hong Kong listing and DeepSeek preparing for a possible domestic IPO.
2026-09-10
Hong Kong Stocks Little Changed Amid Oil Fears
The Hang Seng Index was little changed, down to 0.2%, or 42 points, to close at 25,275 on Wednesday, as investors remained cautious amid escalating Middle East tensions and rising oil prices. Brent crude climbed toward US$100 a barrel after attacks on Saudi energy facilities raised concerns over global supply disruptions, fueling inflation fears and potentially limiting the scope for interest-rate cuts. Overnight, US futures weakened after Wall Street’s overnight losses. Meanwhile, strength in Asian chip stocks and continued investor interest in artificial-intelligence shares helped cushion the decline. On the data front, China’s annual inflation rate accelerated to 0.8% in August from 0.5% in July, while producer prices rose 3.8% year-on-year, up from a 3.5% increase in July driven partly by higher food and energy costs. Among individual stocks, Haidilao plunged nearly 10%, while Lenovo rose 2.1%, MiniMax gained 1.9% and Kingboard Laminates advanced 3.3%.
2026-09-09
Hong Kong Stocks Extend Losses for Second Session
The Hang Seng Index edged down to 0.4%, or 96 points, to close at 25,317 on Tuesday, extending losses from the previous session as investor sentiment remained subdued amid concerns over rising oil prices and heightened geopolitical tensions. The decline came amid concerns that higher energy costs could fuel inflation and delay global interest-rate cuts. Technology and tech service stocks were among the major drags, with Z.AI Co. (-10.0%), MiniMax (-5.6%) and SMIC (-4.3%) trading lower, as well as Tencent (-0.7%) and Xiaomi (-2.1%) also fell. Losses were partly cushioned by fresh data showing China’s export growth remained robust in August. Hong Kong's IPO market remained active. Semiconductor and memory-chip maker Shenzhen Longsys Electronics began trading on the Hong Kong Stock Exchange on Tuesday, after raising about HK$7.1 billion in its IPO. The listing highlights continued investor interest in China's technology and semiconductor sectors.
2026-09-08