{
  "id": 17171833,
  "title": "HK stocks up amid fears over returns from AI build-out",
  "url": "https://urgent.news/2026/10/30/hk-stocks-up-amid-fears-over-returns-from-ai-build-out",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-30T03:03:26.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1875919-20261030.htm"
  },
  "original_language": "en",
  "account": "Hong Kong's Hang Seng Index rose 0.23 percent to 23,011 on Friday, while China's enterprise index climbed 0.31 percent to 7,779. The Shanghai Composite fell 1.25 percent to 3,605, marking its largest monthly decline in a decade. Japan's Nikkei dipped 0.49 percent to 64,344, following Wall Street's losses and heavy losses at the Nasdaq from Amazon and Intel's cash burn reports. The Tokyo market saw a 1,742 point drop at one point in the day. South Korea's Kospi fell 2.99 percent to 5,760, hitting lows of 313 points lower before noon. Alphabet's shares dropped 12.6 percent on Wall Street, and Intel's value fell 23 percent. The market's decline was partly due to a potential record-breaking hack at Binance, causing a drop in Bitcoin and other cryptocurrency prices. The Federal Reserve's decision to keep interest rates on hold also contributed to investors seeking safety in bonds, with US 10-year Treasury yields falling by 37 basis points.",
  "summary": "Tech shares slumped in Asia on Friday, the yen rose and bonds surged towards their biggest monthly gain in nearly three years as investors scurried to safety against worries that huge and rising AI spending may not deliver sufficient returns. In Hong Kong, the benchmark Hang Seng Index opened up 52 points, or 0.23 percent, at 23,011. The China enterprises index rose 23 points, or 0.31 percent, to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}