Today: 30 April 2026
Browse Category

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

The Hang Seng Index closed down 0.29% in Hong Kong on Friday, pressured by losses in shipping, casino, and healthcare stocks. Ctrip shares plunged 19% the previous day after news of a China antitrust probe, rattling investors. Semiconductor stocks rose, with Hua Hong Semiconductor up 7.39%. Mainland investors sold about HK$600 million in Hong Kong shares via Stock Connect.
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’s Hang Seng Tech Index fell 1.74% on Tuesday, hitting a multi-week low after a midday rumor about “tax recognition” for tech firms triggered heavy selling. Alibaba dropped over 2%, Tencent and Meituan lost more than 1% each, and Tongguan Gold slid more than 6%. The Hang Seng Index closed down 1.54%. No official confirmation of the rumored tax issue was released.
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’s Hang Seng Index fell 393 points, or 1.54%, to 25,235 on Tuesday, with the Hang Seng Tech Index dropping 1.74% to 5,402, its lowest since late November. Alibaba lost 3.6%, Tencent 1.4%, and SMIC 3.6%. Losses followed weak China economic data and a global retreat from tech ahead of key U.S. releases. Shanghai and CSI 300 indexes also declined.

Stock Market Today

  • Canadian National Railway (TSX:CNR) Near Fair Value After Recent Price Rise
    April 30, 2026, 12:19 AM EDT. Canadian National Railway's (TSX:CNR) share price has climbed 4.8% in the past month and 13.7% over the last year. The stock trades around CA$147.91, near its estimated intrinsic value of CA$150.02 from a discounted cash flow (DCF) analysis, suggesting it is fairly valued. Canadian National, a key North American freight infrastructure player, is supported by a robust capital investment program and stable cash flow projections through 2029 and beyond. Despite this, its 13.7% return trails some peers, reflecting ongoing market concerns about rail efficiency, regulation, and cross-border trade impacts. Investors should monitor updates as shifts in factors influencing long-term cash generation could affect valuation.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 30.04.2026

30 April 2026
OCBC will pay a total dividend of S$0.58 per share in May, including a S$0.16 special dividend. UOB declared a final dividend of S$0.71 per share despite lower net interest income. ST Engineering reported higher revenue and profit, with a S$0.23 per share dividend. Jardine Matheson raised its annual dividend 4% to US$2.35 per share, payable mid-May.
Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

30 April 2026
Soluna Holdings filed to register the resale of about 2.46 million common shares, with no proceeds going to the company. The move follows Sazmining’s launch of a 3-megawatt Bitcoin mining operation at Soluna’s Project Dorothy 1B in West Texas. Soluna shares last traded at $1.28, up from a $1.08 Nasdaq sale price on April 28. The registered shares include 2.4 million issuable to YA II PN, LTD. via warrant exercise.
Go toTop