Ahead of Tuesday's holiday for the Mid-Autumn Festival, the Hong Kong stock market had moved lower in back-to-back sessions, shedding more than 325 points or 1.1 percent along the way. The Hang Seng Index now sits just above the 26,950-point plateau and it may take further damage again on Wednesday.
The global forecast for the Asian markets is soft, with profit taking expected especially among the technology shares. The European markets were flat and the U.S. bourses were down and the Asian markets figure to follow the latter lead.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.