• Thu, May 14, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

13 May 2026 09:26  |

Hong Kong Stocks Slip

Hong Kong stocks weakened on Wednesday (May 13), with the Hang Seng Index falling 80 points, or 0.3%, to 26,270, as investors weighed US inflation pressures and escalating geopolitical risks against optimism ahead of the Trump-Xi meeting.

Sentiment remained cautious after US President Donald Trump signaled a tougher stance on Iran following criticism of the ceasefire. Unabated Middle East tensions continued to weigh on global markets, primarily due to uncertainty over energy routes and the risk of headline-driven volatility.

In commodities, oil prices held high after a sharp spike, as the ongoing conflict disrupted shipping flows through the Strait of Hormuz. This situation has rekindled concerns about renewed inflationary pressures, potentially limiting room for policy easing and pressuring risk assets.

On the stock exchange, Chinese technology stocks also came under scrutiny as investors demanded clarity on the returns from AI spending ahead of the earnings season. Several stocks weakened, including Tencent (-0.4%), SMIC (-3.0%), and Techtronic (-2.9%), while AIA (+1.2%) and Pop Mart (+2.0%) gained. (asd)

Source: Newsmaker.id

Related News

HONGKONG

Hang Seng Down 0.9%, Tencent Leading Loser

The Hang Seng Index fell 0.9% to 25,660.85 in Hong Kong, its biggest decline since a 1.9% decline on March 26, following a 0....

13 April 2026 15:21
HONGKONG

Hang Seng Down 1.4%, Tencent Pressures Index

The Hang Seng Index closed down 1.4% to 26,544.85 in Hong Kong—its biggest daily decline since July 31 (-1.6%)—after a 1....

18 September 2025 15:15
HONGKONG

Hang Seng Down, Hong Kong Market Remains Cautious Ahead of ...

The Hang Seng Index weakened for a second day on Tuesday (April 28), dropping 72 points or 0.3% to 25,850. Sentiment remained...

28 April 2026 09:49
HONGKONG

Hang Seng Drops 0.6% Pressured by Oil Rally and US Trade Co...

Hong Kong stocks weakened in Thursday morning trading, with the Hang Seng down 160 points, or 0.6%, to 25,737, extending the ...

12 March 2026 09:34
BIAS23.com BIAS23.com NM23 Ai