Feb 13, 2026, 12:02 GMT+7
Reuters - China stocks drifted lower in thin trading on Friday ahead of a week-long holiday, while Hong Kong shares sank as an overnight slide on Wall Street soured the sentiment.
** China's blue-chip CSI300 Indexlost 0.8% by the lunch break, while the Shanghai Composite Indexfell 0.7%.
** In Hong Kong, Hang Sengdropped nearly 2% to a one-week low.
** Many have left trading rooms for the nine-day Chinese Lunar New Year festival that starts on February 15. Mainland markets will be shut next week, while Hong Kong will be closed from Tuesday.
** Trading typically thins ahead of the Spring Festival holiday, but the stock market has held "at a relatively high level" without pulling back, Topsperity Securities said in a report, concluding that a strengthening yuan is lending support.
** The yuan is set for its longest weekly winning streak in 13 years, aided by a weak dollar and resilient Chinese exports.
** China's consumer-related stocksrose as investors bet they will likely benefit from holiday spending.
** Chipmakers also gained as investors expect more Chinese breakthroughs in artificial intelligence.
** The mainland market was also anchored by signs of improvement in Sino-U.S. relations after the Trump administration shelved several key tech security measures aimed at Beijing ahead of an April meeting between the two countries' presidents.
** But sentiment in Hong Kong was spoiled after major U.S. stock indexes fell sharply on Thursday as technology shares slid and investors were cautious ahead of U.S. inflation data on Friday.
** Most sectors fell in Hong Kong.
** Material stocks tumbled as gold and silver prices slumped again.
** Energy stocks also dropped sharply as oil prices sank.
Sumber : Reuters
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