Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares drag

Economic Times - Oct 7, 2026

Hong Kong stocks fell as rising oil prices, weak economic data and selling in major technology and biotechnology shares weighed on sentiment. The Hang Seng declined 0.5%, while tech stocks dropped 0.9%. A weak PMI, subdued consumer demand and mixed industrial data added caution, despite optimism from China’s policy support.

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