Hang Seng Index (HSI) closed down 237.75 points, or 0.93%, at 25,413.12 on Monday Sept. 7. Hang Seng Tech Index closed down 42.09 points, or 0.92%, at 4,527.71. Hang Seng China Enterprises Index (HSCEI) closed down 125.30 points, or 1.46%, at 8,429.73. Red Chip Index closed down 37.01 points, or 0.88%, at 4,176.45.

An Austrian former diplomat said current threats between the U.S. and Iran are primarily psychological and unlikely to trigger large-scale military operations in the Middle East. He said Iran appears unwilling to open direct war with Arab neighbors or strike targets in Europe, and that recent rhetoric is largely information warfare rather than a signal of imminent military escalation. He added the November U.S. midterm elections will be a key decision point: Trump is unlikely to stand down on conflict issues, and post-election outcomes could determine the president’s freedom of action and may prompt concrete measures to weaken Iranian resistance.

Hong Kong Financial Secretary Paul Chan said electronics and semiconductor exports are rising strongly and capital markets show robust demand for AI company listings, pointing to continued IPO activity and sector appetite. He said Hong Kong’s role as an international financial center and talent magnet complements the Greater Bay Area’s strengths in advanced manufacturing, commercialization and scaling; WIPO data ranks the Shenzhen‑Hong Kong‑Guangzhou cluster among the world’s leading innovation hubs, with a new ranking due tomorrow.