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Hong Kong Shares May Find Traction On Wednesday

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

Ahead of Tuesday's holiday for the Special Administrative Region Establishment Day, the Hong Kong stock market had tracked lower in three straight sessions, dropping more than 400 points or 1.7 percent along the way. The Hang Seng Index now sits just above the 24,070-point plateau although it may stop the bleeding on Wednesday.

The global forecast for the Asian markets is mixed to lower, with support from the oil companies offsetting weakness among the technology shares. The European and U.S. markets were mixed and the Asian bourses figure to follow that lead.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.