Published on 01/07/2026 at 03:49 am EST
(MT Newswires) -- Hong Kong equities pulled back on Wednesday as renewed geopolitical frictions between China and Japan unsettled investor sentiment.
The Hang Seng Index fell 251.50 points, or 0.9%, to close at 26,458.95, while the Hang Seng China Enterprises Index dropped 105.49 points, or 1.1%, to 9,138.75.
Market sentiment weakened after Beijing announced a ban on exports of certain dual-use items to Japan that could be used for military purposes.
Beijing is also considering tighter export reviews for some rare-earth-related products, the South China Morning Post reported, citing the state-run China Daily.
Meanwhile, markets also awaited data in the United States for clues about the timing of potential interest rate cuts by the Federal Reserve.
In corporate news, Mao Geping Cosmetics closed over 7% higher after Citigroup said a planned stake reduction by the makeup maker's controlling shareholders offered a buying opportunity, citing its strong growth outlook and valuation.

Sumber : MT Newswires