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HSI and the Hang Seng Tech Index fell more than 2% in afternoon trade. China Life (02628.HK) dropped over 7%; China Overseas Development (00688.HK), China Resources Land (01109.HK) and Longfor Group (00960.HK) were off more than 6%; Xinyi Glass (0086

2026-06-18

HSI and the Hang Seng Tech Index fell more than 2% in afternoon trade. China Life (02628.HK) dropped over 7%; China Overseas Development (00688.HK), China Resources Land (01109.HK) and Longfor Group (00960.HK) were off more than 6%; Xinyi Glass (00868.HK), Ping An Insurance (02318.HK) and Lenovo Group (00992.HK) declined over 5%.

Other News
2026-06-18

The Fed's rate-setting stance skewed hawkish, pressuring US equities. The Dow fell 0.97%, the S&P 500 dropped 1.2% and the Nasdaq slid 1.3%. SpaceX (SPCX.O) -5%, NVIDIA (NVDA.O) -1%, Western Digital (WDC.O) +4%. The Nasdaq Golden Dragon China Index f

The Fed's rate-setting stance skewed hawkish, pressuring US equities. The Dow fell 0.97%, the S&P 500 dropped 1.2% and the Nasdaq slid 1.3%. SpaceX (SPCX.O) -5%, NVIDIA (NVDA.O) -1%, Western Digital (WDC.O) +4%. The Nasdaq Golden Dragon China Index fell 1.1%; Li Auto (LI.O) -3%.
2026-06-18

JPMorgan's global head of fixed income, Michelle: This is not an economic environment where interest rates can be lowered.

JPMorgan's global head of fixed income, Michelle: This is not an economic environment where interest rates can be lowered.
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