May 20, 2026, 11:36 GMT+7
Reuters - China and Hong Kong stocks fell on Wednesday, tracking broad declines across Asia on heightened Middle East tensions and inflation concerns.
** China's blue-chip CSI300 Indexedged down 0.3% by the lunch break, while the Shanghai Composite Indexlost 0.5%. Hong Kong benchmark Hang Sengwas down 0.6%.
** The CSI New Energy Indexrose 1% as stalled U.S.-Iran talks kept oil prices elevated.
** President Donald Trump said the United States may need to strike Iran again but suggested Iran wants a deal to end the war that has roiled markets and sent energy prices soaring.
** Onshore semiconductor sharesrallied 3.1%, with Hua Hong Semiconductor Ltd.up 11%, after Yangtze Memory Technologies, the country's largest domestic flash memory chip maker, submitted its initial public offering tutoring registration report, marking the official start of its onshore listing process.
** Onshore financialand property shares fell 0.8% and 2.4%, respectively.
** On the policy front, China left benchmark lending rates unchanged for the 12th consecutive month in May on Wednesday, in line with market expectations.
** Tech majors listed in Hong Kongwere up 0.2%, after having declined 12% this year.
** First-quarter 2026 earnings from internet giants reported over the past week have bolstered confidence in a valuation re-rating for the MSCI China Index, prompting an upgrade of the consumer discretionary sector to neutral from underweight, analysts at JP Morgan said in a note. The investment bank also reiterated their positive view towards China's artificial intelligence sector.

Sumber : Reuters