Flash News: Hang Seng Index opens down 0.64%, Tech Index down 0.97%, tech stocks weak, insurance stocks up, Alibaba down over 6%

MaticHoleFiller · 2026-03-22T18:43:24+00:00

US stocks continued to decline on Thursday due to elevated oil prices and market expectations that the Federal Reserve will not cut interest rates, with all three major indices recording losses. Hong Kong stocks opened lower today, with the Hang Seng Index falling 0.64%, tech stocks declining across the board, Alibaba dropping over 6%, while lithium battery and insurance stocks rose.

MaticHoleFiller

2026-03-22 18:43:24

Abstract generation in progress

Hot Topics

Selected Stocks Data Center Market Center Capital Flows Simulated Trading

Client

U.S. stocks declined again on Thursday, oil prices remain high, and the market is betting that the Federal Reserve will not cut interest rates this year, dampening market sentiment. All three major indices closed lower. The U.S. dollar retreated from high levels, and the 10-year Treasury yield fell back to around 4.25%. Gold prices saw a significant correction, while oil prices initially rose then fell.

Today, the three major Hong Kong stock indices all opened lower. The Hang Seng Index opened down 0.64% at 25,337.28 points, the Hang Seng Tech Index down 0.97%, and the China Enterprises Index down 0.82%. In the market, tech stocks mostly declined, with Alibaba down over 6%, JD.com, Xiaomi, and NetEase down over 2%, while Meituan rose over 1%. Lithium battery stocks opened higher, with CATL up over 3%. Insurance stocks were active, with AIA Group up over 2%. The non-ferrous metals sector saw some declines, with Zijin Mining down over 2%.

Massive information, precise analysis, all on Sina Finance APP

Editor: Hao Xinyu

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes