Jun 10, 2026, 12:01 GMT+7
Reuters - China and Hong Kong stocks slid on Wednesday, tracking a broader selloff across Asian markets as escalating tensions in the Gulf curbed investor risk appetite, although chipmakers and defensive sectors showed resilience.
** At the midday break, the Shanghai Composite indexwas down 0.6% at 3,986.66 points. China's blue-chip CSI300 indexslipped 1%.
** In Hong Kong, the benchmark Hang Seng Indexwas down 1.1% at 24,292.95. The Hang Seng Tech indexdropped 1.7%.
** In one of the biggest exchanges in hostilities since a ceasefire in April, Iran's Revolutionary Guards said they carried out attacks against a U.S. base in Jordan and 21 other targets in the Gulf on Wednesday in retaliation for American strikes around the Strait of Hormuz.
** Shares took a snub in Asia, with MSCI 's Asia ex-Japan stock index (.MIAPJ0000PUS) trading 1.97% lower and Japan's Nikkei indexdown 1.5%.
** On the other hand, China's producer prices rose for a third consecutive month in May to the highest since July 2022 as global AI-related demand provided a boost for some sectors.
** Consumer prices remained elevated but came below the median Reuters forecast.
** "In China, domestic demand remain anaemic. However, global AI investment is supporting external demand and emerging industries, mitigating the risk of a sharp economic slowdown," analysts at KGI said.
** Investors should utilize technological innovation themes as growth engines, anchored by stable financial sectors to navigate volatility and achieve resilient returns, the analysts said.
** Chip shares defied the downtrend on Wednesday, with the CSI Semiconductor Index adding 2.5% to hover near a two-week high.
** Defensive sectors also gained, with the CSI Banks Index and CSI Liquor Index both up roughly 1.4% each.

Sumber : Reuters