Published on 12/16/2025 at 03:43 am EST
(MT Newswires) -- Hong Kong stocks continued their downward slide Tuesday as investors turned cautious over China's growth prospects and awaited fresh signals from the U.S.
The Hang Seng Index decreased by around 393.47 points, or roughly 1.5%, to end at 25,235.41. The Hang Seng China Enterprises Index fell by 159.77 points, or nearly 1.8%, to 8,757.93.
Chinese macro data released Monday showed the economy lagged in November as total retail sales growth dropped 1.3% year over year to 4.390 trillion yuan, while factory price growth slowed to 4.8% from 4.9% in October.
China's fixed-asset investment also declined during the month, while new home prices fell, raising worries over growth in the world's second-largest economy.
An SPDB International analyst in Hong Kong said investor sentiment would swing wildly as stocks move into a consolidation stage, the South China Morning Post reported.
Meanwhile, markets appeared to have shifted their focus to the much-awaited U.S. jobs report for a read on whether the U.S. Federal Reserve will cut interest rates more than once next year, Reuters reported. The Fed itself is projecting a single rate cut in 2026.
In corporate news, Guoxia Technology had a strong debut in Hong Kong.
The energy storage systems provider closed at HKD43.80 per share, 118% higher than the initial public offer price of HKD20.10.
Sumber : MT Newswires
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