Hong Kong Stocks Decrease 0.8% In Morning Trading

Dow Jones
16 May

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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