Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush

May 15, 2025

Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush

May 15, 2025

Can South Korea, Japan forces train together? Joint drill denial reveals unresolved trauma

May 15, 2025
Facebook X (Twitter) Instagram
Thursday, May 15
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Hong Kong stocks inch lower as traders take profits from China-US trade deal boost
Business

Hong Kong stocks inch lower as traders take profits from China-US trade deal boost

adminBy adminMay 15, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 2


Hong Kong stocks dropped slightly as investors took some profit from gains spurred by the trade-war truce between China and the US.

The Hang Seng Index fell 0.1 per cent to 23,614.21 as of 10.10am local time. The Hang Seng Tech Index dropped 0.2 per cent.

On the mainland, the CSI 300 Index slid 0.5 per cent, and the Shanghai Composite Index retreated 0.4 per cent.

Ping An Insurance Group slumped 5.1 per cent to HK$47.05 and e-commerce juggernaut JD.com lost 3.5 per cent to HK$136.60. Tencent Holdings slipped 0.2 per cent despite posting stronger-than-expected first-quarter results. Alibaba Group Holding lost 0.4 per cent to HK$129.90 before its earnings card later on Thursday.

After a 19 per cent rally on the Hang Seng Index from an April low, investors are worried that the run-up was too fast. While China and the US agreed to cut tariffs on each other’s imported products, the tentative deal is in place for 90 days, with some economists warning that the issues between the two nations remain protracted. Investors will focused more on economic challenges, such as China’s deflationary trend and sticky inflation in the US.

Other major Asian markets mostly edged lower. Japan’s Nikkei 225 slid 1.1 per cent, while South Korea’s Kospi retreated 0.2 per cent and Australia’s S&P/ASX 200 was little changed.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush

May 15, 2025
Business

US smartphone shipments jumped 30% in March on tariff anticipation, analysts say

May 15, 2025
Business

Debt-laden China Vanke gets US$215 million loan from state-owned stakeholder

May 15, 2025
Business

Chinese carmakers race to build early advantage in flying car ventures after EV rivalry

May 15, 2025
Business

Singapore’s NUS, China’s Tsinghua University among world’s top producers of rich alumni

May 14, 2025
Business

CATL set to price Hong Kong IPO at top end of range as retail investors pile in

May 14, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

‘Tax Law Ordinance can negatively impact businessmen’ – Business & Finance

May 15, 2025

Over $1bn received from IMF – Business & Finance

May 15, 2025

7 Pakistani cos added to MSCI FM & SC Indexes – Business & Finance

May 15, 2025

Priority projects in roads, railways and maritime must be shortlisted in first phase: Ahsan – Business & Finance

May 14, 2025
Latest Posts

SC Constit­utional Bench restores parliament’s tweak to sales tax law – Business

May 15, 2025

Pakistan pulled off a ‘macroeconomic miracle’: report – Business

May 14, 2025

Pakistan receives second tranche of $1bn from IMF – Business

May 14, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush
  • Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush
  • Can South Korea, Japan forces train together? Joint drill denial reveals unresolved trauma
  • Starbucks kicks off process to sell stake in its sprawling China business as growth stalls
  • China moves to protect small traders from US trade war

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush

May 15, 2025

Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush

May 15, 2025

Can South Korea, Japan forces train together? Joint drill denial reveals unresolved trauma

May 15, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.