Hang Seng Index drops 90 points as Fed holds rates steady
Thursday, June 19, 2025       09:56 WIB

19th June 2025 - (Hong Kong) Hong Kong's stock market opened on a weaker note Wednesday following the U.S. Federal Reserve's decision to hold interest rates unchanged. The Hang Seng Index dropped 90 points, or 0.38%, to 23,620. The Hang Seng China Enterprises Index declined 34 points, or 0.41%, to 8,559, while the Hang Seng Tech Index fell 27 points, or 0.52%, to 5,187.
Technology stocks faced broad losses, with Tencent down 0.98%, Meituan slipping 0.75%, Alibaba losing 0.53%, Xiaomi down 0.37%, and Kuaishou falling 0.34%. Trip.com Group led the sector's decline with a sharp 2.29% drop.
Financial stocks also came under pressure. Hong Kong Exchanges and Clearing fell nearly 1%, HSBC Holdings edged down 0.05%, AIA Group was flat, and Ping An Insurance dropped 0.64%.

Sumber : Dimsumdaily.hk