The Hong Kong stock market has finished lower in back-to-back sessions, slumping more than 700 points or 3 percent along the way. The Hang Seng Index now rests just above the 25,675 point plateau although it may halt its slide on Tuesday.
The global forecast for the Asian markets is soft on ongoing pessimism over the conflict in the Middle East and concerns over the outlook for interest rates. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.