Hong Kong Shares Fall 0.8% Amid Profit-Taking Pressure -- Market Talk

Dow Jones

2025/03/12

0831 GMT - Hong Kong's Hang Seng Index closed 0.8% lower at 23600.31, erasing earlier gains. The benchmark index has faced rising profit-taking pressure lately, Daiwa Capital Markets analysts said in a note. While market volatility may increase over the next month, downside risks should be buoyed by southbound capital inflows from Chinese investors, offsetting potential selling by global investors, Daiwa added. Among decliners, Lenovo Group fell 7.0%, Alibaba Health Information Technology lost 6.4% and Sands China was 4.2% lower. Meanwhile, BYD rose 1.4%, Hong Kong Exchanges & Clearing gained 1.25% and Alibaba Group was 0.9% higher. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

March 12, 2025 04:31 ET (08:31 GMT)

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The benchmark index has faced rising profit-taking pressure lately, Daiwa Capital Markets analysts said in a note. While market volatility may increase over the next month, downside risks should be buoyed by southbound capital inflows from Chinese investors, offsetting potential selling by global investors, Daiwa added. Among decliners, Lenovo Group fell 7.0%, Alibaba Health Information Technology lost 6.4% and Sands China was 4.2% lower. Meanwhile, BYD rose 1.4%, Hong Kong Exchanges &amp; Clearing gained 1.25% and Alibaba Group was 0.9% higher. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 12, 2025 04:31 ET (08:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Shares Fall 0.8% Amid Profit-Taking Pressure -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Shares Fall 0.8% Amid Profit-Taking Pressure -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-12 16:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0831 GMT - Hong Kong's Hang Seng Index closed 0.8% lower at 23600.31, erasing earlier gains. The benchmark index has faced rising profit-taking pressure lately, Daiwa Capital Markets analysts said in a note. While market volatility may increase over the next month, downside risks should be buoyed by southbound capital inflows from Chinese investors, offsetting potential selling by global investors, Daiwa added. Among decliners, Lenovo Group fell 7.0%, Alibaba Health Information Technology lost 6.4% and Sands China was 4.2% lower. Meanwhile, BYD rose 1.4%, Hong Kong Exchanges &amp; Clearing gained 1.25% and Alibaba Group was 0.9% higher. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 12, 2025 04:31 ET (08:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0540923850.HKD","symbol_name":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518057724","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518057724","pubTimestamp":1741768260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0831 GMT - Hong Kong's Hang Seng Index closed 0.8% lower at 23600.31, erasing earlier gains. The benchmark index has faced rising profit-taking pressure lately, Daiwa Capital Markets analysts said in a note. While market volatility may increase over the next month, downside risks should be buoyed by southbound capital inflows from Chinese investors, offsetting potential selling by global investors, Daiwa added. Among decliners, Lenovo Group fell 7.0%, Alibaba Health Information Technology lost 6.4% and Sands China was 4.2% lower. Meanwhile, BYD rose 1.4%, Hong Kong Exchanges & Clearing gained 1.25% and Alibaba Group was 0.9% higher. 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The benchmark index has faced rising profit-taking pressure lately, Daiwa Capital Markets analysts said in a note. While market volatility may increase over the next month, downside risks should be buoyed by southbound capital inflows from Chinese investors, offsetting potential selling by global investors, Daiwa added. Among decliners, Lenovo Group fell 7.0%, Alibaba Health Information Technology lost 6.4% and Sands China was 4.2% lower. Meanwhile, BYD rose 1.4%, Hong Kong Exchanges & Clearing gained 1.25% and Alibaba Group was 0.9% higher. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 12, 2025 04:31 ET (08:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}