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HKG:09992 News 8 December 2025

Hong Kong Stocks Today: Hang Seng Index Sinks 1.23% as Pop Mart Crashes and Innovent Stumbles on Index Debut

Hong Kong Stocks Today: Hang Seng Index Sinks 1.23% as Pop Mart Crashes and Innovent Stumbles on Index Debut

HONG KONG – Monday, 8 December 2025 — Hong Kong’s stock market turned sharply lower on Monday as the Hang Seng Index (HSI) fell back below the 26,000-point mark, hit by heavy selling in “new consumption” plays, mainland banks and gold counters. The pullback came even as chip names and brokerages rallied and the tech-heavy Hang Seng Tech Index managed…

Stock Market Today

  • Dollar Decline Triggers Sugar Futures Rally Amid Mixed Crop Outlook
    February 4, 2026, 12:26 AM EST. Sugar futures rose in New York and London after the U.S. dollar hit a six-month low, prompting short-covering. Early drops pushed sugar prices to multi-year lows due to expectations of a strong Indian monsoon boosting sugar output. India's monsoon rainfall is 6% above average, potentially increasing sugar supply. Meanwhile, the Brazilian real weakened to a 3-year low, encouraging exports from Brazil, the world's top sugar exporter. India holds 2023/24 sugar reserves at 9.1 million metric tons (MMT) with a 3.6 MMT surplus but maintains export restrictions. Brazilian sugar output rose sharply last year but may face a modest increase in 2024/25. Record heat in Thailand threatens sugarcane yields, tightening supplies and adding bullish pressure on prices.
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