16:19:16
香港 Hong Kong
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The Hang Seng dropped 212 points or 0.9% to close at 24,072 on Monday, declining for the third session as all sectors pulled back. Sentiment was pressured by the third straight monthly fall in China’s manufacturing sector in June, ahead of a similar print from a private survey due Tuesday. Financials led the decline, followed by property, tech, and consumers. Notable losses included Bank of China Hong Kong (-5.5%), Li Auto (-3.3%), Meituan (-2.9%), and Tencent Hlds. (-1.5%). On the upside, Laopu Gold surged to a record high, buoyed by high gold prices, even as its IPO lockup period expired. Still, the Hang Seng surged 3.4% in June, its second consecutive monthly gain, supported by strong IPO activity in the city and easing concerns over U.S. tariffs, as most of the Trump administration’s harshest threats have not materialized. Meanwhile, Chinese Premier Li Qiang reaffirmed Beijing’s commitment to boosting consumption and addressing deflation pressures through forceful policy action.
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