Hang Seng Index opens lower due to broad sector weakness

7th January 2026 - (Hong Kong) Hong Kong's key stock benchmark opened in negative territory on Wednesday morning, led by declines across major financial and energy sectors. The Hang Seng Index fell 108 points, or 0.4 per cent, at the open to 26,601 points, setting a weaker tone for the day's trading session.
The retreat was mirrored by other major indices, with the Hang Seng China Enterprises Index dropping 27 points (0.29 per cent) to 9,216 and the Hang Seng Tech Index declining 16 points (0.27 per cent) to 5,809. The downward movement reflected cautious sentiment among investors at the opening bell.
Market activity showed a mixed picture among leading technology stocks. Tencent Holdings and Alibaba Group both opened lower, falling 0.7 per cent and 2.4 per cent respectively, while JD.com managed a slight gain of 0.3 per cent. Other major tech names including Meituan, Xiaomi, and Kuaishou opened flat.
The financial sector contributed significantly to the index's weakness. Heavyweight HSBC Holdings opened down 1 per cent, with AIA Group declining 0.4 per cent, Ping An Insurance falling 1.2 per cent, and Hong Kong Exchanges and Clearing dropping 0.7 per cent. The energy sector also faced pressure, with China's three major state-owned oil companies--CNOOC, PetroChina, and Sinopec--all opening lower amid softer international oil prices.

Sumber : dimsumdaily.hk