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Hang Seng Index opens lower

Xenia. W by Xenia. W
16 May 2025
in Business, News
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The Hang Seng Index fell 204 points, or 0.87 percent, to open at 23,249.16 on Friday.

The retreat came as stocks across the border started lower, with the benchmark Shanghai Composite Index losing 0.18 percent to 3,374.71 in opening trades.

The Shenzhen Component Index opened 0.28 percent lower at 10,157.68.

The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, was down 0.36 percent to open at 2,035.87.

The region got off to a good start with Australian shares jumping to an over two-month high, led by gains in banks and miners, ahead of the Reserve Bank of Australia’s policy decision next week, when the central bank is widely expected to cut interest rates.

The S&P/ASX 200 index rose as much as 1.2 percent to 8,398.2, its highest level since February 20. The index was on track to log its eighth consecutive session of gains. (Xinhua/Reuters)

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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