Hong Kong Stocks Decline 0.6%

Dow Jones08-04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Hong Kong slipped Tuesday, as the Hang Seng Index declined 0.6% to 25852.92.

Among local companies with a market cap of at least 40 billion Hong Kong dollars ($5.10 billion), MiniMax Group was the biggest laggard, plunging 6.9%, followed by shares of China Reinsurance (Group), which dropped 3.3%. Shares of Chongqing Rural Comm Bk dropped 3.2%.

Shanghai Iluvatar CoreX was the biggest leader during the session, surging 12%, and Yangtze Optical Fibre surged 10%. Z.AI rounded out the top three movers, as shares surged 7.4%.

On the currency front, the WSJ Dollar Index was flat at 96.23. The U.S. dollar held steady against the Hong Kong dollar at HK$7.84.

Data source: Dow Jones Market Data, FactSet

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