The Hang Seng Index fell 387 points, or 1.6%, to close at 23,925 on Thursday, extending losses for a third consecutive session and the lowest since July 2025, as investors shunned risk after the Federal Reserve struck a more hawkish tone, signaling that further policy tightening may still be needed to contain inflation. The prospect of higher US interest rates lifted Treasury yields and the dollar while pressuring Wall Street overnight, dampening sentiment across Asian markets. Locally, the Hong Kong Monetary Authority left its base rate unchanged at 4.0%, mirroring the Fed's decision to hold rates steady. Investors also remained cautious amid lingering uncertainty over the global economic outlook and the potential impact of prolonged higher interest rates on corporate earnings and capital flows. Financial, technology, retail, and energy shares led the retreat, with notable losses from Tencent (-1.2%), Meituan (-3.5%), Xiaomi (-3.3%), Lenovo (-4.4%), and Pop Mart International (-4.1%).
Hong Kong's main stock market index, the HK50, fell to 23925 points on June 18, 2026, losing 1.59% from the previous session. Over the past month, the index has declined 7.26%, though it remains 2.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Hong Kong. Historically, the Hong Kong Stock Market Index (HK50) reached an all time high of 33484.08 in January of 2018. Hong Kong Stock Market Index (HK50) - data, forecasts, historical chart - was last updated on June 18 of 2026.
Hong Kong's main stock market index, the HK50, fell to 23925 points on June 18, 2026, losing 1.59% from the previous session. Over the past month, the index has declined 7.26%, though it remains 2.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Hong Kong. The Hong Kong Stock Market Index (HK50) is expected to trade at 24574.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 21811.25 in 12 months time.