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At the noon close the HSI was down 0.71% and the Hang Seng Tech Index down 1.03%. Mainland bank stocks led gains: Postal Savings Bank of China (01658.HK) up >7%, Bank of China (03988.HK) up >5% and hitting a record high, China Minsheng Banking (01988

2026-08-31

At the noon close the HSI was down 0.71% and the Hang Seng Tech Index down 1.03%. Mainland bank stocks led gains: Postal Savings Bank of China (01658.HK) up >7%, Bank of China (03988.HK) up >5% and hitting a record high, China Minsheng Banking (01988.HK) up >4%, Bank of Communications (03328.HK) up >3%. Coal names were active: Yankuang Energy (01171.HK) up >2%, China Coal Energy (01898.HK) up >1%. Liquid-cooling plays outperformed: AAC Technologies (02018.HK) up >6%, BYD Electronic (00285.HK) up >4%. Telecom, utilities, OLED and household-appliance sectors also showed buying. Property names fell sharply: China Jinmao (00817.HK) down >14%, Greentown China (03900.HK) down >12%, CHINA RES LAND (01109.HK) down >7%. Biotech, EV suppliers, building materials & cement, agriculture and power-equipment were among the worst-performing sectors.

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2026-08-31

Iranian sources reported explosions were heard again on Larak Island in southern Iran in the early hours of Aug 31 local time. Iranian authorities have not yet issued a statement.

Iranian sources reported explosions were heard again on Larak Island in southern Iran in the early hours of Aug 31 local time. Iranian authorities have not yet issued a statement.
2026-08-31

Japan's seasonally adjusted retail sales rose 2.4% month-on-month in July, revised from -4.10% to -3.90% in the previous month.

Japan's seasonally adjusted retail sales rose 2.4% month-on-month in July, revised from -4.10% to -3.90% in the previous month.
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