Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
Reuters said shares in both Asian and U.S. markets weakened as traders positioned for a series of postponed U.S. indicators, delayed by the recent government shutdown. The backlog is due to begin clearing this week, with the September nonfarm payrolls report set for release on Thursday.
By the midday break, the Shanghai Composite Index had eased 0.56 %, while the CSI300 slipped 0.22 %. New energy shares were among the weakest performers, with the sector sub-index down 2.68 %.
Hong Kong’s Hang Seng Index fell 1.47 %, and the city’s tech index dropped 1.67 %.
Despite Tuesday’s declines, the Shanghai Composite has risen more than 18 % so far this year, while the Hang Seng has climbed more than 30 %. Several analysts expect the positive trend to extend into 2026.
James Wang, head of China strategy at UBS Investment Bank Research, said many of the drivers that supported Chinese equities in 2025 remained in place, citing artificial intelligence investment, accommodative policy, fiscal expansion and ample liquidity.
Wang said the bank preferred internet, hardware technology and brokerages, and had rotated out of high-dividend stocks while adding selected firms expanding overseas.
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Activists from a Gaza-bound flotilla detained by Israel at sea have been released from prison and are expected to be deported to Türkiye, officials confirmed on Thursday.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
A documentary produced by AnewZ highlighting the Azerbaijani city of Shaki and its living heritage was screened on 21 May during the 13th Session of the United Nations World Urban Forum (WUF13).
Azerbaijan has presented its first national sustainability standard, currently under development, at the World Urban Forum 13 (WUF13). The Sustainable Practices Standard is being developed by the Baku-based environmental NGO, the Ecosphere Social-Ecology Centre.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Russia is considering the possibility of joint projects with the United States and China, Kirill Dmitriev, Head of the Russian Direct Investment Fund, (Russia's sovereign wealth fund), was quoted as saying by state media on Wednesday.
Financial documents released on Wednesday (20 May) ahead of SpaceX going public - in what is expected to be Wall Street’s biggest ever listing - revealed the firm made operating losses of $1.94 billion, despite Elon Musk being tipped to become the world’s first trillionaire.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Elon Musk’s SpaceX will have to improve its reliability before receiving approval for its target 10,000 launches annually within five years, Bryan Bedford, Head of the U.S. civil aviation agency, the Federal Aviation Administration (FAA), has said.
Demand for electric vehicles has surged across Europe as elevated fuel prices linked to the Iran conflict push consumers toward new and second-hand EVs, according to data shared with Reuters. It is providing a boost to an auto industry that has struggled with slower-than-expected adoption.
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