Market Updates

China Indexes Trimmed Weekly Advances Ahead of Inflation Reports

Li Chen
08 Aug, 2025
Hong Kong

    Market sentiment weakened in China and Hong Kong after a string of weak earnings dampened enthusiasm, and investors awaited the release of inflation reports this weekend. 

    The Hang Seng index decreased 0.7%, and the mainland-focused CSI index inched up a fraction, as investors turned cautious after disappointing earnings results weakened the outlook. 

    Wharf Real Estate and Semiconductor Manufacturing International Corp. reported weaker-than-expected interim results, but China Mobile's results surpassed expectations. 

    The National Bureau of Statistics will release two inflation reports over the weekend, predicting a declining trend in prices. 

    The consumer price inflation in July is likely to decrease at least 0.1% from a  year ago, and the producer price index is expected to fall for the 34th consecutive month in July and fall 3.5%.  

     

    China Indexes and Stocks 

    The Hang Seng index decreased 0.7% to 24,916.15, and the mainland-focused CSI 300 index added 0.06% to 4,117.20. 

    For the week, the Hang Seng index advanced 2%, and the CSI 300 index gained 1.9%. 

    Wharf Real Estate Company dropped 9% to HK$23.38 after the company reported a 5% decline in profit in the first half. 

    China Mobile Ltd. edged up 1% to HK $86.80 after the wireless telecom company reported a 5% increase in profit in the first half. 

    Semiconductor Manufacturing International Corp. decreased 5.5% to HK $50.05 after the company's interim results fell short of market expectations.

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