Hong Kong’s primary market barometer, tracking 88 large-cap listings on the SEHK
Markets are stabilising after a stretch of high activity in tech options, with traders shifting focus as implied volatility cools. Small caps are leading potential next moves, while global equities reflect a policy-led, carry-friendly regime.
Tech shares across Asia buoyed by AI optimism, with notable gains in SK Hynix, Samsung, Kioxia, Advantest and TSMC as markets rebound from recent volatility and traders reassess AI investment momentum.
Global markets have steadied as US retail data suggests consumer spending is softer while inflation trends remain in check. Traders are watching for Federal Reserve guidance as major indices hover near records after a week of mixed signals across equities, bonds and currencies.
Retail sales volumes have fallen again in July, led by non-food and clothing sectors, while food and drink have bucked the trend thanks to hot weather and World Cup excitement. The Official Statistics Office says promotions were pulled forward into June, reducing July gains. The three-month trend remains positive, but the high street faces momentum challenges into autumn.
Alibaba has priced an HK$80 billion share placement, issuing 710 million new Class B shares at HK$112.70 each to non-U.S. investors. The deal values the company at about US$27 billion and will fund expansion of its AI capabilities and infrastructure. The move comes after a 75% profit drop in the June quarter and a sharp rise in capital expenditure.
Oil prices have climbed with Brent above $95 and WTI near $93 as fighting in the Middle East continues to disrupt shipping routes. Analysts say supply fears and demand shifts, particularly from China, are shaping the rally. Markets are also awaiting inflation data and policy signals as bond yields rise globally.
Global government bond yields have risen to multi‑decade highs this week after renewed US–Iran fighting pushed oil toward $90–$97 a barrel and revived inflation fears. Governments from the UK to the US and Japan have paid higher borrowing costs; central banks are signalling tighter policy and markets are pricing more rate rises, lifting mortgage and corporate loan rates.
Oil prices have risen above $108 a barrel as Middle East tensions escalate, with markets watching U.S. inflation data and the Federal Reserve meeting. Global stock indices are mixed, and Treasuries remain volatile as energy costs weigh on households and corporate margins.
Global markets waver as AI-linked stocks retreat after OpenAI signals a potential year-end stock sale delay. SoftBank jumps on OpenAI ties; oil prices rise amid Middle East tensions. Wall Street edges lower as investors weigh safety over growth.