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HKG:0981 16 December 2025 - 8 February 2026

Hang Seng slips as tech drags again, while chip and AI names buck the trend in Hong Kong

Hang Seng slips as tech drags again, while chip and AI names buck the trend in Hong Kong

Hong Kong stocks edged down Friday, slipping after an initial bounce. Drops among big internet players and cyclical sectors weighed on the market, even as semiconductor and AI-related stocks showed gains. The shifts are significant as investors juggle two competing factors: new regulatory risks in China’s consumer internet sector and a surge of capital flowing into chips and AI companies. Hong Kong finds itself caught in the middle, serving as a key listing venue for both areas.
Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

Hong Kong Tech Stocks Slide as Hang Seng Tech Hits a Three-Week Low; Alibaba and Tencent Sink on Tax-Rumor Jitters and Global Risk-Off (Dec. 16, 2025)

HONG KONG — Hong Kong’s technology shares extended their pullback on Tuesday, December 16, 2025, dragging the Hang Seng Tech Index to a fresh multi-week low as investors weighed a mix of global macro unease and a burst of local policy anxiety. Alibaba and Tencent were among the biggest drags, with selling pressure intensifying intraday after a market rumor circulated about “tax recognition” involving high-tech companies—an issue that traders quickly treated as potentially earnings-sensitive despite the lack of official confirmation. TradingView+2Hong Kong Commercial Daily+2 By the close, benchmarks had pared some of their deeper intraday losses, but the day still ended firmly in the red: the Hang Seng Index fell 1.54% and the Hang Seng Tech Index lost 1.74%, according to Hong Kong Commercial Daily’s market wrap. Hong Kong Commercial Daily
Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

Hang Seng Tech Index Hits Lowest Since Nov. 21 as Hong Kong Stocks Slide on China Growth Jitters and Global Tech Rotation

HONG KONG — December 16, 2025: Hong Kong equities closed lower on Tuesday as a fresh wave of risk-off sentiment swept Asian markets, pushing the Hang Seng Tech Index to its weakest level since late November and reinforcing concerns that Hong Kong-listed Chinese shares could keep lagging mainland peers during a global “tech rotation.” news.rthk.hk+2MarketScreener+2 By the close, the Hang Seng Index fell 393 points to 25,235, while the Hang Seng Tech Index slipped 95 points to 5,402. Mainland gauges also retreated, with the Shanghai Composite down 1.11% and the CSI 300 down 1.2%. news.rthk.hk

Stock Market Today

  • BlackRock (BLK) Hits Oversold Level as RSI Drops to 29.3
    June 29, 2026, 4:48 PM EDT. BlackRock Inc (BLK) slipped into oversold territory with an RSI reading of 29.3, just under the usual 30 threshold that signals possible undervaluation. The stock traded as low as $947.21. Despite the slide, BLK still sits in the top 25% on DividendRank's formula for fundamentals and valuation. BlackRock pays a 2.38% annual dividend yield, based on a $964.71 share price and $22.92 annualized dividend. Some dividend-focused investors may see this dip and selling pressure as a potential entry point.
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