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Hong Kong stocks closed with the Hang Seng Index up 0.25% and the Hang Seng Tech Index down 0.67%. Sectors such as mainland banks and biopharmaceuticals were active, while optical communication stocks continued their decline for several days; Yangtze

2026-10-12

Hong Kong stocks closed with the Hang Seng Index up 0.25% and the Hang Seng Tech Index down 0.67%. Sectors such as mainland banks and biopharmaceuticals were active, while optical communication stocks continued their decline for several days; Yangtze Optical Fibre and Cable (06869.HK) fell more than 7%.

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2026-10-12

FTSE China A50 Index futures opened 0.03% higher.

FTSE China A50 Index futures opened 0.03% higher.
2026-10-12

London-based Institute for Fiscal Studies said ahead of the budget later this month that Chancellor John Healey must raise about £35bn to deliver Labour’s ambitious spending plans. The IFS added Healey may have more fiscal headroom than expected, but

London-based Institute for Fiscal Studies said ahead of the budget later this month that Chancellor John Healey must raise about £35bn to deliver Labour’s ambitious spending plans. The IFS added Healey may have more fiscal headroom than expected, but the plans’ credibility is at risk; unless the government interventions, inf will squeeze public spending and leave departments underfunded. IFS director Helen Miller said: If you want to increase spending and do not want to cut public services, you must consider tax rises.
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