Today: 2 May 2026
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HKG:2359.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

  • $292M Kelp DAO Hack Exposes DeFi Vulnerabilities Ahead of Institutional Expansion
    May 2, 2026, 3:19 PM EDT. The recent $292 million hack of Kelp DAO has revealed significant weaknesses in decentralized finance (DeFi) platforms just as major Wall Street firms deepen their involvement. Apollo Global Management and BlackRock recently entered partnerships leveraging DeFi, highlighting growing institutional interest. Industry experts call the hack a speed bump, not a roadblock, emphasizing that improved security frameworks are vital. Specialists advocate for zero-trust architectures with multiple layers of defense, including stricter multi-signature controls and timelocks on governance decisions. The incident underscores the urgent need to upgrade DeFi's security infrastructure before larger capital flows in, signaling a push toward institutional-grade decentralized finance backed by real-world asset tokenization and robust risk controls.

Latest article

BlackBerry Limited’s Hidden QNX Comeback Is Running Inside 275 Million Cars

BlackBerry Limited’s Hidden QNX Comeback Is Running Inside 275 Million Cars

2 May 2026
BlackBerry’s QNX software now runs in over 275 million vehicles and generated $268 million in revenue for fiscal 2026, nearly half the company’s total. The division’s quarterly revenue rose to $78.7 million from $65.8 million a year earlier. BlackBerry posted a $53.2 million profit for the year, reversing a prior loss. QNX faces pressure from larger competitors and open-source alternatives.
Fiserv Stock Gets an AI Payments Twist Before Crucial May 5 Earnings Test

Fiserv Stock Gets an AI Payments Twist Before Crucial May 5 Earnings Test

2 May 2026
Fiserv has joined the x402 Foundation, aligning with Coinbase, Visa, Mastercard, and Stripe to develop an open standard for automated internet payments, the company said Friday. The announcement comes ahead of Fiserv’s first-quarter earnings report on May 5 and its investor day on May 14. Fiserv shares closed at $62.14, down 0.81%. Analysts expect adjusted earnings of $1.57 per share for the quarter.
Arista Networks Stock Faces AI Earnings Test After Morgan Stanley Target Boost

Arista Networks Stock Faces AI Earnings Test After Morgan Stanley Target Boost

2 May 2026
Morgan Stanley raised its Arista Networks price target to $180 ahead of first-quarter results due May 5. Analysts expect revenue of $2.62 billion and adjusted earnings of 81 cents a share. Arista shares closed at $172.70 on Friday. The company recently launched a 12.8 Tbps optics module aimed at AI data centers.
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