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Renewed Support Called For Hong Kong Shares

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

The Hong Kong stock market headed south again on Wednesday, one day after ending the three-day losing streak in which it had dropped more than 330 points or 1.4 percent. The Hang Seng Index now sits just above the 23,890-point plateau although it figures to bounce higher again on Thursday.

The global forecast for the Asian markets is generally positive, with technology stocks likely to lead the way higher. The European and U.S. markets were up and the Asian bourses figure to follow that lead.

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Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

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