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Hang Seng opened strong—up nearly 200 points and topping a >2% intraday gain—before trimming advances; at midday HSI +1.19% at 23,154.41, Hang Seng Tech Index +0.62% at 4,499.91. Market turnover HK$213.387 billion. Autos and gold stocks led gains; AI

2026-07-02

Hang Seng opened strong—up nearly 200 points and topping a >2% intraday gain—before trimming advances; at midday HSI +1.19% at 23,154.41, Hang Seng Tech Index +0.62% at 4,499.91. Market turnover HK$213.387 billion. Autos and gold stocks led gains; AI-application names pared earlier strength and innovative-drug names were active. Semiconductors and optical-communications hardware slumped on overseas headlines. Notable movers: BYD Company (01211.HK) +8.76%, China Gold International Resources (02099.HK) +14.37%, Jiangsu Hengrui Medicine (01276.HK) +3.11%, Zhipu (02513.HK) -14.78%, GigaDevice Semiconductor (03986.HK) -14.39%, SMIC (00981.HK) -8.89%.

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2026-07-02

A spokesperson for the Hong Kong Special Administrative Region government said that economic expansion and the tourism industry will benefit retail businesses.

A spokesperson for the Hong Kong Special Administrative Region government said that economic expansion and the tourism industry will benefit retail businesses.
2026-07-02

On July 2, China’s Ministry of Natural Resources published a legal comment saying Japan and the Philippines have announced they will open bilateral delimitation talks over exclusive economic zone and continental shelf areas east of Taiwan. The minist

On July 2, China’s Ministry of Natural Resources published a legal comment saying Japan and the Philippines have announced they will open bilateral delimitation talks over exclusive economic zone and continental shelf areas east of Taiwan. The ministry said the proposed delimitation would largely overlap maritime areas China can claim under international law, was advanced without consulting China, ignored the area’s specific geography, and violated principles of sovereign equality, good faith and obligations of cooperation and restraint, constituting an internationally wrongful act. The ministry called on Japan and the Philippines to stop the talks and consult with China to fulfill international obligations and assume state responsibility, and said China has the right to hold them accountable.
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