HSI1 25,668.03 0.00 --
HSCEI1 8,531.58 0.00 --
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HSI Opens Down 248 Pts as AIA Slumps 6%+, HSBC HOLDINGS Dips 1%+; Gold Miners In Demand
2026-08-06 09:40:46
US stocks' three major indices traded mixed, with the DJIA setting fresh intraday and closing highs again, and the S&P 500 retreating after reaching a record peak. The HSI opened at 25,667 this morning (6th), down 248 pts or 0.96%. The HSCEI opened at 8,555, down 48 pts or 0.56%. The HSTECH opened at 4,884, down 48 pts or 0.99%.

China has reportedly started imposing a 20% personal income tax on gains from offshore insurance policies. HSBC once plunged 7% in London overnight (5th) before closing down 4.67%. This morning, HSBC HOLDINGS (00005.HK) opened down 1.54%, while AIA (01299.HK) slumped 6.3% and PRU (02378.HK) eroded 3.25%.

Spot gold surged past USD4,200, hitting a near two-month high. LAOPU GOLD (06181.HK) opened up 6.17%, ZIJIN MINING (02899.HK) soared 5%, and ZIJIN GOLD INTL (02259.HK) opened 7.75% higher.

Among techs, BABA-W (09988.HK) opened down 1.25%, TENCENT (00700.HK) fell 0.24%, and BIDU-SW (09888.HK) dropped 2.32%.
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AASTOCKS Financial News
Website: www.aastocks.com