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)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。