Hang Seng Index opens in the red as tech and finance stocks weigh on indices

8th January 2026 - (Hong Kong) Hong Kong's equity markets began Tuesday's trading session on a softer footing, with key benchmarks slipping into negative territory as selling pressure hit major technology and financial constituents.
The benchmark Hang Seng Index opened 156 points, or 0.59 per cent, lower at 26,302 points. The Hang Seng China Enterprises Index, which tracks mainland-based companies, fell 39 points, or 0.42 per cent, to 9,099 points. Meanwhile, the technology-focused Hang Seng Tech Index edged down 24 points, or 0.43 per cent, to start the day at 5,713 points.
Technology shares exhibited broad weakness in early trading. Industry titan Tencent Holdings saw its shares decline by 0.9 per cent, while e-commerce leader Alibaba Group dropped 1.5 per cent. Food delivery platform Meituan dipped 0.7 per cent, and smartphone manufacturer Xiaomi Corporation retreated 0.4 per cent. E-commerce firm JD.com also fell by 0.7 per cent, though short-video platform Kuaishou managed to hold steady at its previous closing level.
The financial sector likewise contributed to the downward momentum. Banking heavyweight HSBC Holdings led the declines, shedding 2.1 per cent. Insurer AIA Group fell 1.1 per cent, and mainland insurance giant Ping An Insurance saw a more modest decrease of 0.4 per cent. Hong Kong Exchanges and Clearing, the operator of the local bourse, also traded 0.4 per cent lower.

Sumber : dimsumdaily.net