Hang Seng Closes Down 0.7%, See the Leading Stocks
The Hong Kong stock market weakened again on Wednesday (June 17th), with the Hang Seng Index falling 0.7%, or 181.79 points, to 24,312.16. China Construction Bank (CCB) was the main contributor to the decline, falling 2.0%, while Li Auto posted the largest decline among component stocks, down 3.8%. Of the 93 stocks listed, 79 fell, 13 rose, and all sectors closed lower, with trade and industrial stocks being the hardest hit.
Quarterly, the Hang Seng Index has fallen 1.9%, but over the past 52 weeks, the index has still recorded a 1.4% gain, although its performance lags behind the MSCI AC Asia Pacific Index, which rose 42% over the same period. Compared to its high on January 29, 2026, the index remains 13.3% lower, but 4.9% higher than its low on June 19, 2025.
In the short term, the index has fallen 0.4% over the past five days and 6.4% over the past 30 days. The Hang Seng's price-to-earnings (PE) ratio stands at 12.7 times trailing earnings and 11.1 times forecast earnings for the coming year, with a dividend yield of 2.8% over the past 12 months. The total market capitalization of all Hang Seng stocks reached HK$29.3 trillion.
Thirty-day price volatility decreased slightly to 17.45% from 17.92% in the previous session, compared to an average volatility of 16.98% over the past month. This decline indicates that the market remains volatile but relatively stable amidst the ongoing global economic uncertainty. (asd)
Source: Newsmaker.id
