LOGO
LOGO

Asian Market Updates

Hong Kong Shares May Take Further Damage On Wednesday

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

The Hong Kong stock market has moved lower in five straight sessions, slumping almost 1,400 points or 5.9 percent along the way. The Hang Seng Index now sits just above the 24,560-point plateau and it's likely to see continued consolidation on Wednesday.

The global forecast for the Asian markets is negative as hostilities in the Middle East tick higher. The European and U.S. markets were mostly in the red and the Asin bourses are likely to follow that lead.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.