China stocks fall on regulatory crackdown; Hong Kong drifts lower
Tuesday, January 20, 2026       13:02 WIB

Jan 20, 2026, 11:56 GMT+7
Reuters - China stocks slipped on Tuesday as regulators tightened measures against speculation and abnormal trading practices, while Hong Kong shares drifted lower on regional market weakness.
** China's blue-chip CSI300 Indexdropped 0.5% by the lunch break, while the Shanghai Composite Indexlost 0.3%. In Hong Kong, Hang Seng Indexedged 0.04% lower.
** China's securities watchdog fined a prominent stock commentator 83 million yuan ($11.92 million) for market manipulation and imposed a three-year trading ban, in its latest crackdown against market misbehaviours.
** Over the past week, Shanghai and Shenzhen stock exchanges each took regulatory measures against hundreds of abnormal trading practices such price pumping and false orders. The bourses also launched probes into several listed companies over allegedly misleading statements.
** The measures reflect regulators' intention to slow the pace of market gains. Last week, China tightened margin financing requirements after the Shanghai market hit decade-highs in record turnover.
** On the macro front, China left its benchmark lending rates unchanged on Tuesday as expected, after the economy hit its growth target of 5% in 2025.
** In Hong Kong, sentiment was doused by weak Asian markets as a resurgence of trade-war concerns curbed risk appetite.
** Chinese sectors that had been targeted by speculators, including satellite,defenceand rare earthfell the most on Tuesday.
** Once high-flying tech-related sectors, including artificial intelligence, cloud computingand biotechalso saw sharp corrections.
** But real estate stocks,jumped as bearish December data fuelled hopes for fresh government support.
** In Hong Kong, tech stocksand raw material plays were among the biggest decliners.
($1 = 6.9605 Chinese yuan)

Sumber : Reuters