Today: 20 March 2026
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HKG:1378.HK 6 January 2026

Hang Seng jumps 1.4% as Hong Kong stock market tracks Wall Street rally, eyes US jobs report

Hang Seng jumps 1.4% as Hong Kong stock market tracks Wall Street rally, eyes US jobs report

The Hang Seng Index closed up 1.38% at 26,710.45 on Tuesday, led by gains in financial and property stocks. China Hongqiao rose 6.14% and Ping An climbed 5.79%. Tencent repurchased over 1 million shares for HK$635.6 million. Investors are awaiting Friday’s U.S. jobs report for signals on Federal Reserve rate policy.

Stock Market Today

  • Campbell's Shares Down 42%: Valuation Analysis Points to Potential Undervaluation
    March 20, 2026, 2:24 PM EDT. Campbell Soup Company's shares have slid 41.8% over the past year to around $21.03, sparking debate on whether the stock is a bargain or a value trap. The decline reflects investor concerns over shifting consumer habits and rising input costs in the packaged food sector. A Discounted Cash Flow (DCF) analysis estimates Campbell's intrinsic value at roughly $54.79 per share, suggesting the stock is about 61.6% undervalued. However, its current Price-to-Earnings (P/E) ratio of 11.4 is below both the food industry average of 20.3 and peer group average of 14.6, indicating market skepticism regarding growth or risk. Investors are weighing these metrics amid changing market dynamics to reassess Campbell's valuation.
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