LOGO
LOGO

Commentary

Renewed Selling Pressure Expected For Hong Kong Shares

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Hong Kong stock market on Friday wrote a finish to the three-day losing streak in which it had given up more than 820 points or 3.4 percent along the way. The Hang Seng Index now sits just above the 23,530-point plateau, although it's likely to turn lower again on Monday.

The global forecast for the Asian markets is negative thanks to U.S. involvement in the Israel/Iran conflict. The European and U.S. markets were mixed but the Asian markets figure to open under water.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.