Hong Kong Bourse May Reverse Thursday’s Losses

From Nasdaq: 2025-06-26 21:17:00

The Hong Kong stock market closed lower on Thursday, with the Hang Seng Index falling 1.30 percent to 20,489.62. Property and technology stocks saw losses, with Alibaba Group and Meituan among the decliners. The global forecast for Asian markets is mixed, with European markets up and U.S. bourses mixed. Wall Street ended mixed, with the NASDAQ up thanks to strong earnings from Tesla and UPS, while the Dow was weighed down by weak earnings from IBM, Honeywell, and Boeing. Oil prices fell on concerns of excess supply and weak crude consumption in China, with WTI crude ending at $70.19 a barrel.



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