Hong Kong Stocks Sink as Investors Brace for China Data

7
Comment
Favorite

Hong Kong Stocks Sink as Investors Brace for China Data

Market Express01-08 16:23

The rally that drove Hong Kong stocks to a strong start to 2026 continued to fizzle out on Thursday, with the benchmark falling for a second day as investors geared up for China economic data and digested the fallout of rising geopolitical tensions.

The Hang Seng Index fell 1.2%, while the Hang Seng Tech Index dropped 1.1%.

In terms of star stocks, Meituan, Baidu, and Kuaishou fell 3%; Alibaba and JD.com fell 2%; Tencent, NetEase, and Li Auto fell 1%; while Bilibili rose 3%.

A slew of coming China economic data will test the sustainability of the rally, with traders needing more conviction from the fundamentals front after little room was left for further valuation expansion.

Stocks have been oscillating recently against the backdrop of escalating geopolitical risks after the US launched a sudden military raid on Venezuela and China ratcheted up its sanctions against Japan by banning the export of products with potential military use.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1141461019?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-08 16:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1141461019","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Sink as Investors Brace for China Data","media":"Market Express","content":"<html><head></head><body><p>The rally that drove Hong Kong stocks to a strong start to 2026 continued to fizzle out on Thursday, with the benchmark falling for a second day as investors geared up for China economic data and digested the fallout of rising geopolitical tensions.</p><p style=\"text-align: start;\">The Hang Seng Index fell 1.2%, while the Hang Seng Tech Index dropped 1.1%.</p><p>In terms of star stocks, Meituan, Baidu, and Kuaishou fell 3%; Alibaba and JD.com fell 2%; Tencent, NetEase, and Li Auto fell 1%; while Bilibili rose 3%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0031edfd837813d4650534bfa1f4290f\" tg-width=\"484\" tg-height=\"749\"/></p><p>A slew of coming China economic data will test the sustainability of the rally, with traders needing more conviction from the fundamentals front after little room was left for further valuation expansion.</p><p>Stocks have been oscillating recently against the backdrop of escalating geopolitical risks after the US launched a sudden military raid on Venezuela and China ratcheted up its sanctions against Japan by banning the export of products with potential military use.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Sink as Investors Brace for China Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Sink as Investors Brace for China Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1013574705\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Express </p>\n<p class=\"h-time\">2026-01-08 16:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The rally that drove Hong Kong stocks to a strong start to 2026 continued to fizzle out on Thursday, with the benchmark falling for a second day as investors geared up for China economic data and digested the fallout of rising geopolitical tensions.</p><p style=\"text-align: start;\">The Hang Seng Index fell 1.2%, while the Hang Seng Tech Index dropped 1.1%.</p><p>In terms of star stocks, Meituan, Baidu, and Kuaishou fell 3%; Alibaba and JD.com fell 2%; Tencent, NetEase, and Li Auto fell 1%; while Bilibili rose 3%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0031edfd837813d4650534bfa1f4290f\" tg-width=\"484\" tg-height=\"749\"/></p><p>A slew of coming China economic data will test the sustainability of the rally, with traders needing more conviction from the fundamentals front after little room was left for further valuation expansion.</p><p>Stocks have been oscillating recently against the backdrop of escalating geopolitical risks after the US launched a sudden military raid on Venezuela and China ratcheted up its sanctions against Japan by banning the export of products with potential military use.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSI","symbol_name":"恒生指数","start_time":0,"source_url":"","article_id":"1141461019","we_media_id":"1013574705","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141461019","pubTimestamp":1767860609,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Express","introduction":"Market Express","home_visible":1,"id":"1013574705","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"summary":"The rally that drove Hong Kong stocks to a strong start to 2026 continued to fizzle out on Thursday, with the benchmark falling for a second day as investors geared up for China economic data and...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSI":"恒生指数","HSTECH":"恒生科技指数"},"translate_title":"投资者准备迎接中国数据，港股下跌","themeId":"05e905f93805c1baac24b6e3c05266c0","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSTECH":1,"HSI":1},"content_text":"The rally that drove Hong Kong stocks to a strong start to 2026 continued to fizzle out on Thursday, with the benchmark falling for a second day as investors geared up for China economic data and digested the fallout of rising geopolitical tensions.The Hang Seng Index fell 1.2%, while the Hang Seng Tech Index dropped 1.1%.In terms of star stocks, Meituan, Baidu, and Kuaishou fell 3%; Alibaba and JD.com fell 2%; Tencent, NetEase, and Li Auto fell 1%; while Bilibili rose 3%.A slew of coming China economic data will test the sustainability of the rally, with traders needing more conviction from the fundamentals front after little room was left for further valuation expansion.Stocks have been oscillating recently against the backdrop of escalating geopolitical risks after the US launched a sudden military raid on Venezuela and China ratcheted up its sanctions against Japan by banning the export of products with potential military use.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}