Hong Kong Stocks Edge Lower on Middle East Tensions, Rising Oil Prices; Tencent Music Falls
Wednesday, September 02, 2026       16:18 WIB

Published on 09/02/2026 at 05:08 am EDT
(MT Newswires) -- Hong Kong stocks closed slightly lower on Wednesday for a third straight session as rising oil prices and renewed U.S.-Iran tensions kept investors cautious.
The Hang Seng Index fell 18.52 points, or 0.1%, to close at 25,311.21, while the Hang Seng China Enterprises Index dropped 12.54 points, or 0.2%, to 8,450.10.
Brent crude rose above $95 a barrel as renewed fighting between the U.S. and Iran raised concerns over supply disruptions through the Strait of Hormuz. Higher oil prices also pushed the U.S. 10-year Treasury yield upwards, adding to concerns over inflation and interest rates and weighing on technology shares. The Hang Seng Index fell 0.7%.
Online fast-fashion retailer SHEIN Globalcontinued to trade below its offer price on its second day of trading, adding to the cautious mood around new listings.
In corporate developments, Tencent Music Entertainment Groupfell more than 1% a day after reporting lower first-half attributable profit of 4.56 billion yuan, compared with 6.70 billion yuan a year earlier.

Sumber : MT Newswires
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