Hang Seng Index Trend | Morning Session Continues to Fall Over 300 Points, Hovering Around 25500 Level

SighingCashier · 2026-03-12T10:30:10+00:00

Middle East tensions remain unresolved, with merchant vessels passing through the Strait of Hormuz coming under attack. Hong Kong stocks followed the decline in Asia-Pacific markets, with the Hang Seng Index falling over 300 points in the afternoon session, fluctuating around the 25500-point level.The Hang Seng Index opened down 179 points at 25,719 points. In early trading, it briefly rose 33 points to a high of 25,932 points, but the gains were short-lived as the market quickly declined again. By the end of the morning session, it fell as much as 374 points to a low of 25,524 points. It closed at midday at 25,579 points, down 318 points. In early afternoon trading, it briefly dipped below the morning low, falling as much as 377 points to a low of 25,521 points. As of 1:54 PM, the Hang Seng Index was trading at 25,548 points, down 350 points or 1.35%.The National Index fell 58 points or 0.68% to 8,645 points; the Tech Index fell 68 points or 1.35% to 4,986 points.Luoyang Molybdenum ( 03993

SighingCashier

2026-03-12 10:30:10

The Middle East situation shows no signs of easing, with merchant ships passing through the Strait of Hormuz being attacked. The Hong Kong stock market declined along with Asia-Pacific markets, with the Hang Seng Index initially falling more than 300 points in the early afternoon, settling around 25,500 points.

The Hang Seng Index opened 179 points lower at 25,719, briefly rebounding 33 points to a high of 25,932, but the rally was short-lived, and the market quickly turned downward. By the end of the morning session, it had fallen as much as 374 points to a low of 25,524. It closed at 25,579, down 318 points. In the early afternoon, it briefly dipped below the morning low, dropping as much as 377 points to 25,521. As of 1:54 PM, the Hang Seng was at 25,548, down 350 points or 1.35%.

The China Enterprises Index fell 58 points or 0.68%, to 8,645; the Tech Index dropped 68 points or 1.35%, to 4,986.

Luoyang Molybdenum (03993) fell 5.4% to HKD 19.49, temporarily the worst-performing blue chip; Nongfu Spring (09633) declined 4.6% to HKD 43.3.

Oil prices rose again as the International Energy Agency (IEA) announced that member countries agreed to release a record 400 million barrels from emergency oil reserves. Oil stocks gained, with CNOOC (00883) up 4.7% to HKD 29.38, temporarily the largest blue-chip gainer; PetroChina (00857) increased 2.3% to HKD 10.75.

Technology stocks declined: Tencent (00700) fell 1.4% to HKD 544.5; Baidu (09888) dropped 2.2% to HKD 119.1; Alibaba (09988) declined 2% to HKD 130.5.

HSBC (00005) decreased 0.7% to HKD 128.6; China Mobile (00941) fell 0.4% to HKD 78.7.

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