From NASDAQ MarketSite: 2025-05-29 21:03:00

The Hong Kong stock market has been fluctuating between positive and negative finishes over the past six trading days following a two-day winning streak. The Hang Seng Index is expected to open higher on Friday amid mixed global forecasts and ongoing tariff concerns. On Thursday, the index surged 1.35 percent, closing at 23,573.38, driven by gains in oil companies, property stocks, and technology companies. Wall Street closed higher, with the Dow rising 0.28 percent, the NASDAQ climbing 0.39 percent, and the S&P 500 increasing by 0.40 percent. Crude oil futures dropped sharply due to concerns over OPEC potentially increasing production in July.



Read more at NASDAQ MarketSite: Additional Support Expected For Hong Kong Stock Market