Back
Market Commentary - Foreign Markets
Chinese stocks end marginally in red, Hang Seng at three-week low
20-May-2026, 02:49
China and Hong Kong stocks turned lower on Wednesday, tracking broad declines across Asia on prolonged Middle East tensions and inflation concerns. China's main CSI300 Index shed 0.18% to close at 4162 as a drop from one-week high in last session stayed in place. The index has seen volatile moves in this week and had tested a two-week low on Monday. Meanwhile, Hong Kong's benchmark Hang Seng dropped 0.57% at 25651 ' testing around three-week low. Broad sentiments were lax in Asia as the US President Donald Trump said the United States may need to strike Iran again but suggested Iran wants a deal to end the war. The markets are eying recent appreciation in Chinese yuan's exchange rate which is hovers near a three-year high against the US dollar.
China and Hong Kong stocks turned lower on Wednesday, tracking broad declines across Asia on prolonged Middle East tensions and inflation concerns. China's main CSI300 Index shed 0.18% to close at 4162 as a drop from one-week high in last session stayed in place. The index has seen volatile moves in this week and had tested a two-week low on Monday. Meanwhile, Hong Kong's benchmark Hang Seng dropped 0.57% at 25651 ' testing around three-week low. Broad sentiments were lax in Asia as the US President Donald Trump said the United States may need to strike Iran again but suggested Iran wants a deal to end the war. The markets are eying recent appreciation in Chinese yuan's exchange rate which is hovers near a three-year high against the US dollar.
Powered by Capital Market - Live News