Hong Kong stock market falls over 350 points, expected to remain stagnant due to global uncertainty

From Nasdaq: 2025-06-18 21:15:00

The Hong Kong stock market experienced a second consecutive day of decline, falling over 350 points. The Hang Seng Index closed just above 23,710 points and is expected to remain stagnant. Global markets are uncertain due to the Iran/Israel conflict. European and U.S. markets were mixed, setting the tone for Asian markets. On Wednesday, the Hang Seng Index dropped 1.12 percent, with notable losses in properties and technology stocks. Major U.S. indices had a lackluster day after the Fed decided to keep interest rates unchanged. Crude oil prices rose amid the ongoing Israel-Iran conflict.



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