Hang Seng Index closes just above 23,450 points after eight-day winning streak.

From Nasdaq MarketSite: 2025-05-15 21:15:00

The Hong Kong stock market has dipped after an eight-day winning streak, with the Hang Seng Index closing just above 23,450 points. Global markets are positive, with European and U.S. markets mostly higher. On Thursday, the index fell 0.79 percent, with losses in property, technology, and insurance sectors. Major active stocks include Alibaba Group, ANTA Sports, and JD.com. Wall Street saw mixed results, with the Dow up 0.65 percent. U.S. economic data showed mixed results, with producer prices down in April. Crude oil prices dropped due to reports of a potential U.S.-Iran nuclear deal. Hong Kong will release Q1 GDP figures.



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