Hong Kong’s equity markets started on a weak note on June 12, with broad-based selling across key indices amid lingering global trade uncertainties and profit booking in tech stocks.
The benchmark Hang Seng Index slipped 0.36% to 24,279.24, while the Hang Seng TECH Index saw the steepest fall, dropping 0.92% to 5,401.24, reflecting pressure on technology and growth-oriented counters.
The Hang Seng China Enterprises Index, which tracks major mainland companies listed in Hong Kong, declined 0.33% to 8,836.29, and the Hang Seng China 50 Index lost 0.32% to trade at 8,478.56.
The losses come in the backdrop of cautious global sentiment triggered by U.S. tariff talk warnings and continued tensions in the Middle East, which have weighed on investor risk appetite. Market participants are also awaiting cues from Chinese regulators and macroeconomic indicators to gauge near-term direction.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult certified financial advisors before making any investment decisions.