Hong Kong Shares May Halt Slide On Thursday
Hong Kong shares extended their decline over consecutive sessions, with the Hang Seng Index losing nearly 500 points, or 1.9%, and closing near 25,440. The article suggests Thursday could bring stabilization as Asian markets look directionless amid mixed U.S. and weaker European leads. U.S. inflation data came in close to expectations, briefly supporting equities, but renewed Middle East tensions and earlier crude oil spikes kept risk sentiment cautious. For Hong Kong, the key market takeaway is that downside momentum may be nearing a pause rather than a decisive reversal, with support seen around the 25,440 level. Broader regional trading is likely to remain sensitive to macro data, oil prices, and shifts in global risk appetite.