Hong Kong Stocks Begin Week Flat; Tencent Surges 4% on Deepseek-Wechat Integration

MT Newswires Live
02-17

Hong Kong stocks ended Monday's session little changed, as investors exercised caution ahead of the US Federal Reserve releasing the minutes of its January meeting later this week.

The Hang Seng Index fell slightly to finish the day at 22,616.23. The Hang Seng China Enterprises Index also marginally decreased to end at 8,323.67.

Trading was muted as investors waited for any indications of the potential inflationary impact of US tariffs in the January Fed meeting minutes, according to a report by The Wall Street Journal.

Investors are also watching upcoming key Chinese economic data on property prices and loan prime rates, expected to be released Wednesday.

In other news, Chinese President Xi Jinping met Chinese tech firms and startups on Monday to show his support for the business sector, the SCMP reported citing Xinhua News Agency.

In corporate news, Tencent (HKG:0700) soared 4% after it said on Sunday it is integrating DeepSeek's AI model with its WeChat platform, according to a Reuters news report.

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