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By midday trade, the Hang Seng Index (HSI) was down 1.69% and the Hang Seng Tech Index fell 2.14%. Large tech names broadly lower: Xiaomi Group (01810.HK) down >3%; Alibaba (09988.HK), Baidu (09888.HK), Meituan (03690.HK) and JD.com (09618.HK) each d

2026-09-25

By midday trade, the Hang Seng Index (HSI) was down 1.69% and the Hang Seng Tech Index fell 2.14%. Large tech names broadly lower: Xiaomi Group (01810.HK) down >3%; Alibaba (09988.HK), Baidu (09888.HK), Meituan (03690.HK) and JD.com (09618.HK) each down >2%. Property names underperformed: Country Garden (02007.HK) -4.8%, China Vanke (02202.HK) -5.6%. Losses were concentrated in power equipment, gaming software, physical AI and new-energy vehicle makers.

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2026-09-24

On Thursday, following a sharp rise in Brent crude, the 30-year US Treasury yield rose about 4bps to 5.44%, its highest level since 2004. Yields across the curve had already surged earlier this week, leaving several maturities near highs not seen sin

On Thursday, following a sharp rise in Brent crude, the 30-year US Treasury yield rose about 4bps to 5.44%, its highest level since 2004. Yields across the curve had already surged earlier this week, leaving several maturities near highs not seen since 2007. Columbia Threadneedle portfolio manager Ed Al-Hussainy said investors now require greater compensation to lock funds for 30 years. Stronger growth, elevated energy prices, persistent inflationary pressure and larger government borrowing are pushing long-term yields higher and intensifying pressure on long-dated Treasures. The rise in 30-year yields has undercut Treasury efforts to lower long-term funding costs; the Treasury under Bessent expanded its government bond buyback program in mid-August to ease market stress, but the measure has not produced a sustained market impact.
2026-09-25

Russia's deputy UN ambassador and permanent representative to the OSCE, Dmitry Polyansky, said Ukrainian President Zelenskiy has not stopped provocative actions against Moscow and is attempting to draw Europe and NATO into a direct war with Russia.

Russia's deputy UN ambassador and permanent representative to the OSCE, Dmitry Polyansky, said Ukrainian President Zelenskiy has not stopped provocative actions against Moscow and is attempting to draw Europe and NATO into a direct war with Russia.
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