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HANG SENG INDEX (^HSI)
- The Telegraph
Trump suffers $357m hit as Truth Social shares tumble
Donald Trump has taken a $357m (£280m) hit as shares in his social media company dropped after the former president was found guilty of fraud.
- South China Morning Post
Hong Kong IPOs: market shows glimmer of revival as three solid debuts in a week raise US$111 million
Investor appetite for new share listings in Hong Kong shows signs of improvement amid a market rebound, with a series of recent IPOs (initial public offerings) registering strong performance - albeit on a small scale compared with the blockbuster deals the market is accustomed to. Autostreets Development, a used-car dealer based in Shanghai, saw its stock price surge as much as 66 per cent from the offering price on its first day of trading on Friday, before closing up 27 per cent at HK$12.94. T
- Barrons.com
Hong Kong Shares End Lower as China Data Sour Mood
Hong Kong shares gave up morning gains to end lower after China PMI data missed expectations and caught investors off guard. Semiconductor and consumer-related tech stocks led the losses. Alibaba shed 1.
