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Hong Kong Stocks Fall in Morning Trade; Hang Seng Index Down 26 Points on Insurance Stock Selloff

2026-07-13 04:32:05

HK50-0.48%

CHINA LIFE-4.22%

SKHYV-0.98%

Hong Kong's Hang Seng Index fell 26 points, or 0.11%, to close at 24,148 points in morning trading on July 13, amid broad weakness in mainland Chinese insurance stocks and semiconductor-linked shares. Chinese insurance counters led declines, with China Life Insurance down 5.1%, New China Life down 5.7%, and China Pacific Insurance down 1.5%. Memory chip-related stocks fell sharply after SK Hynix surged 12% on its Nasdaq debut Friday, dragging Hong Kong-listed semiconductor exchange-traded products lower. The Hang Seng briefly gained 274 points earlier in the session before facing selling pressure. Morning turnover reached 177.31 billion Hong Kong dollars, with mainland net inflows of 7.937 billion dollars.

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In-Depth Analysis

Hong Kong Stocks Turn Negative as Hang Seng Index Faces Selling Pressure at 24500

Lucas Bennett1h ago

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