China's Indexes Traded Down Tracking Friday's Wall Street Losses

Li Chen
08 Jun, 2026
Hong Kong

China's market indexes turned sharply lower in Monday's trading, tracking losses in Friday's trading on Wall Street. 

The Hang Seng Index decreased 1.2%, and the mainland-focused CSI 300 Index dropped 1.7% as a sharp sell-off in technology stocks weighed heavily on markets. 

China's market indexes declined sharply on Monday, following the losses experienced on Wall Street the previous Friday.

Wall Street indexes plunged on Friday after the U.S. economy added more-than-expected jobs in May, raising the prospects that elevated borrowing costs could weigh on the economy and investment. 

The U.S. economy added about 172,000 net new jobs in May, the jobless rate held at 4.3%, and the annual wage growth eased to 3.4% from 3.6% in the previous month, according to the latest update released by the U.S. Bureau of Labor Statistics.

The change in total nonfarm payroll employment for March was revised up by 29,000, from 185,000 to 214,000, and the change for April was revised up by 64,000, from 115,000 to 179,000. 

With these revisions, employment in March and April combined is 93,000 higher than previously reported, the BLS report noted. 

Investors are eagerly anticipating the release of China's international trade and inflation data later this week. 

 

China Indexes and Stocks 

The Hang Seng Index decreased 1.2% to 24,668.39, and the mainland-focused CSI 300 Index dropped 1.7% to 4,737.50. 

Year to date, the Hang Seng Index extended losses to 6.4%, and the CSI 300 Index trimmed gains to 0.4%. 

Technology and semiconductor-linked stocks led market decliners in mainland China and Hong Kong trading. 

Zhongji Innolight, Eoptolink Technology, SMIC, and NAURA Technology decreased between 8% and 3%.