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    PhilWeb Elects Conglomerate Leader Lance Y. Gokongwei as Chairman to Accelerate AI Infrastructure and Transnational Ecosystem Expansion

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Mideast worries and tech declines lead Asia losses

Xenia. W by Xenia. W
10 June 2026
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Concerns over the Middle East crisis unnerved investors as regional stock markets retreated, with tech firms again leading the decline on Wednesday.

In Hong Kong, the Hang Seng Index gave up 0.6 percent to end trading at 24,407 points, with tech stocks leading the decline.

Shanghai closed almost half a percent lower, and Shenzhen was down two percent.

South Korea’s Samsung plunged 6.1 percent and SK Hynix 7.5 percent, pushing Seoul’s Kospi 4.5 percent lower.

Tokyo was down nearly two percent with SoftBank losing more than eight percent. (AFP)

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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