Published on 12/11/2025 at 03:44 am EST
(MT Newswires) -- Hong Kong equities retreated on Thursday as investors weighed the U.S. Federal Reserve's latest rate move and looked ahead to guidance on how aggressively policymakers may ease next year.
The Hang Seng Index fell 10.27 points to end fractionally lower at 25,530.51, while the Hang Seng China Enterprises Index slipped 20.41 points, or 0.2%, to 8,934.28.
Overnight, the U.S. Federal Reserve cut interest rates by 25 basis points to a range of 3.5% to 3.75%, in line with expectations.
Updated projections showed six policymakers favouring no rate cut this year, while seven expect no further cuts in 2026, according to a Reuters report.
Following the Fed's decision, the Hong Kong Monetary Authority reduced its base rate by 25 basis points to 4%.
In corporate news, Jingdong Industrials , a unit of JD.com (HKG:9618), made its Hong Kong debut, ending flat at HK$14.10, the same as its offer price.
Meanwhile, ZTE declined over 13% after the telecommunications equipment maker said it was in contact with the U.S. Department of Justice following media reports that it was under investigation for violating the Foreign Corrupt Practices Act.
ZTE could be required to pay over $1 billion to the U.S. government to settle long-standing foreign bribery allegations, Reuters reported, citing people familiar with the matter.

Sumber : MT Newswires