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Aug 4 (Tue) Hong Kong: HSI opened up 81.58 pts (+0.31%) at 26,090.98; Hang Seng Tech Index opened up 14.73 pts (+0.30%) at 4,890.34; Hang Seng China Enterprises Index (HSCEI) opened up 15.79 pts (+0.18%) at 8,667.94; Hang Seng Red‑Chip Index opened u

2026-08-04

Aug 4 (Tue) Hong Kong: HSI opened up 81.58 pts (+0.31%) at 26,090.98; Hang Seng Tech Index opened up 14.73 pts (+0.30%) at 4,890.34; Hang Seng China Enterprises Index (HSCEI) opened up 15.79 pts (+0.18%) at 8,667.94; Hang Seng Red‑Chip Index opened up 13.75 pts (+0.33%) at 4,189.71.

Other News
2026-08-04

India will seek parliamentary approval for a package of tax measures aimed at attracting foreign investment and bolstering domestic manufacturing, sources said. Planned measures include formalizing tax cuts for overseas buyers of Indian sovereign deb

India will seek parliamentary approval for a package of tax measures aimed at attracting foreign investment and bolstering domestic manufacturing, sources said. Planned measures include formalizing tax cuts for overseas buyers of Indian sovereign debt and a provision that would exempt offshore funds from tax if their investments are managed by Indian fund managers. Parliament will also vote on extending tax breaks to foreign suppliers of equipment to domestic electronics makers and on incentives for data centers and diamond mining. The measures are part of Modi’s push to curb capital outflows and support the rupee, a priority that sources say has gained urgency after the US‑Iran war to help buffer economic shocks and strengthen external resilience.
2026-08-04

CBS reports Iran is growing skeptical of Trump’s “carrot-and-stick” diplomacy. In April Trump warned Tehran it must agree to a ceasefire or “the entire civilization will perish,” then extended the deadline; he used similar tactics in May and June. Ir

CBS reports Iran is growing skeptical of Trump’s “carrot-and-stick” diplomacy. In April Trump warned Tehran it must agree to a ceasefire or “the entire civilization will perish,” then extended the deadline; he used similar tactics in May and June. Iranian insiders say those moves strengthened a belief that Trump is not seeking to expand the conflict but is bargaining for leverage. Tehran believes it can absorb pressure and raise costs to Washington via proxies (eg, Yemen’s Houthi) and threats to global shipping until the US concludes there is no military solution; its current assessment is that time is on its side.
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