Hong Kong Stocks Decrease 0.8% In Morning Trading

Dow Jones
05-16

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Hong Kong slipped during early trading Friday, as the Hang Seng Index declined 0.8% to 23264.49.

Among local companies with a market cap of at least 40 billion Hong Kong dollars ($5.12 billion), Alibaba Group Holding is the biggest early laggard, plunging 5.7%, followed by shares of Kuaishou Technology, which dropped 3.3%. Shares of AAC Techs Hldgs fell 3.1%.

Laopu Gold is the biggest leader this morning, rising 4.1%, and MIXUE Group added 3.5%. Geely Automobile Holdings rounds out the top three movers, as shares rose 2.7%.

The U.S. dollar held steady against the Hong Kong dollar at HK$7.81.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 15, 2025 22:00 ET (02:00 GMT)

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