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#HKMarketUpdate
China and Hong Kong stocks fall on tech selloff, renewed Mideast tensions
Jun 11, 2026, 16:58 GMT+8

China and Hong Kong stocks ended lower on Thursday, led by declines in tech shares tracking weakness in regional peers, while a fresh escalation in Middle East tensions also weighed on investor sentiment.
* The United States launched new strikes against multiple targets overnight in Iran, and President Donald Trump vowed even more attacks if no peace deal is secured.
* At the market close, the benchmark Shanghai Composite index 000001 declined 0.2%, while the blue-chip CSI300 index 3399300 dropped 0.6%.
* In Hong Kong, the benchmark Hang Seng Index HSI fell 0.7%, marking a seventh straight losing session and its longest losing streak since October.
* Tech shares dropped across the board, with Shenzhen's startup board ChiNext 3399006 sliding 1.1%, and Hong Kong's tech shares HHSTECH shedding 1.5%.
* The decline followed weakness in regional peers, as MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.3%.
* Analysts at HSBC Qianhai Securities said in a note that the rally in AI hardware stocks could resume amid continued capex spending from major cloud service providers and solid earnings fundamentals, "but a more balanced approach on AI vs non-AI is warranted in the second half of this year".
* Hong Kong shares of e-commerce giant Alibaba BABA fell 5.4% to their lowest closing price since July 2025, after reports about its Dingtalk CEO Chen Hang's departure following debates about AI focus.
* Meanwhile, U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East conflict, and giving the Federal Reserve more reason to maintain a hawkish tilt into 2027.
* Separately, market participants will shift their attention to China's May credit lending data to gauge the health of the economy, following an unexpected contraction in new yuan loans in April.

https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42J08N:0-china-and-hong-kong-stocks-fall-on-tech-selloff-renewed-mideast-tensions/

TradingView

China and Hong Kong stocks fall on tech selloff, renewed Mideast tensions

China and Hong Kong stocks ended lower on Thursday, led by declines in tech shares tracking weakness in regional peers, while a fresh escalation in Middle East tensions also weighed on investor sentiment.* The United States launched new strikes against multiple…

130 viewsedited 09:53

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📢 Singaporean households will each receive $500 in CDC vouchers from June 11 to help them with their daily expenses. These vouchers will be valid till Dec 31, 2027.

While the impact of the Middle East crisis has so far been less severe than expected, the Government is ready to do more if needed, said DPM Gan Kim Yong. https://str.sg/mD5e

85 views10:04

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Evening Update: Today’s headlines from The Straits Times on June 11, 2026

https://str.sg/AqtT

The Straits Times

Evening Update: Today’s headlines from The Straits Times on June 11, 2026

Read more at straitstimes.com.

89 views10:04

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#HKMarketUpdate
<Full-day Takeaway>HSI Closes at 24,249, Down 158 pts; HSTI Closes at 4,655, Down 69 pts; BABA Down over 5%; KB LAMINATES, KINGBOARD HLDG Hit New Highs; Market Turnover Rises

http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1528659/top-news/AAFN

AASTOCKS.COM

<Full-day Takeaway>HSI Closes at 24,249, Down 158 pts; HSTI Closes at 4,655, Down 69 pts; BABA Down over 5%; KB LAMINATES, KINGBOARD…

At close, HSI dropped 158 pts or 0.7% to 24,249. HSTI dropped 69 pts or 1.5% to 4,655. HSCEI...

106 viewsedited 10:10

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DBS, SIA... and Raffles Medical?: OCBC, Maybank pick SGX winners from World Cup - The Business Times
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/ai-predictions-consumer-plays-analysts-offer-sgx-playbook-world-cup-2026?ref=home-top-stories-4

The Business Times

AI predictions, consumer plays: Analysts offer SGX playbook for World Cup 2026

The recommendations go beyond the standard sportswear and beer bumps to feature less obvious winners Read more at The Business Times.

170 views10:22

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Daily Debrief: What Happened Today (Jun 11)
https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-112?utm_source=web_share&utm_medium=referral&utm_campaign=article

The Business Times

Daily Debrief: What Happened Today (Jun 11)

Stories you might have missed Read more at The Business Times.

90 viewsedited 10:26

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World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise
https://www.businesstimes.com.sg/international/asean/world-bank-says-indonesias-gdp-slow-5-2026-fiscal-pressures-rise

The Business Times

World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise

The country has been using state finances to keep fuel prices unchanged Read more at The Business Times.

95 views10:29

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#SgMarketUpdate
Singapore stocks close higher; STI up 0.6%

Singapore stocks ended higher on Thursday (Jun 11).

The benchmark Straits Times Index (STI) gained 0.6 per cent or 29.25 points to finish at 4,988.10.

Yangzijiang Shipbuilding : BS6 +2.97% led the gainers on Singapore’s blue-chip index, rising 3 per cent or S$0.10 to S$3.47.

The worst performer among STI constituents was Hongkong Land : H78 -0.83%, which fell 0.8 per cent or US$0.06 to close at US$7.19.

The three local banks all ended higher. DBS : D05 +1.25% gained 1.2 per cent or S$0.77 to S$62.60, OCBC : O39 +0.47% rose 0.5 per cent or S$0.11 to S$23.34, and UOB : U11 +0.48% was up 0.5 per cent or S$0.18 at S$38.06.

Across the broader market, gainers outnumbered losers 298 to 274, after 1.6 billion securities worth S$2.1 billion changed hands.
Key regional indices ended mixed.

Hong Kong’s Hang Seng Index lost 0.7 per cent, while Japan’s Nikkei 225 rose 0.1 per cent, South Korea’s Kospi was up 0.4 per cent and the FTSE Bursa Malaysia KLCI advanced 0.03 per cent.

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-sti-0-6

114 viewsedited 10:46