{
  "id": 6096458,
  "title": "HK stocks lose ground amid fears of US rate rise",
  "url": "https://urgent.news/2026/09/07/hk-stocks-lose-ground-amid-fears-of-us-rate-rise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T03:04:47.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1869083-20260907.htm"
  },
  "original_language": "en",
  "account": "Asian markets opened mixed on Monday amid cautious expectations surrounding a potential US interest rate hike. The Hong Kong Hang Seng Index initially rose by two points, or 0.01 percent, before quickly dropping 239 points in early trading. The technology index saw a decline of 11 points, or 0.26 percent, at 4,558, while the China Enterprises index fell six points, or 0.08 percent, to 8,548. The Shanghai Composite Index opened 12 points, or 0.32 percent, higher at 3,942. Meanwhile, the Shenzhen Component Index rose 88 points, or 0.65 percent, to 13,605, and the ChiNext Index increased 39 points, or 1.21 percent, to 3,326. Oil prices experienced a modest rise after the United States and Iran conducted attacks on each other's ships in the Gulf. Brent crude oil reached US$96.45 per barrel, up 0.2 percent, while US crude oil increased by 0.4 percent to US$91.85 per barrel. Inflation concerns stemming from these events could complicate upcoming US consumer price index data, which is expected to impact central bank decisions. The European Central Bank is expected to raise rates to 2.75 percent on Thursday, with a 75 percent chance of a further hike to 3 percent by December. US stock markets experienced light trading due to a holiday, with S&P 500 and Nasdaq futures showing slight declines. The Nikkei in Tokyo opened 579 points, or 0.89 percent, at 65,600 and later gained 1,647 points, or 1.67 percent, while the Kospi in Seoul saw a surge of 199 points, or 3.34 percent, to open at 6,910, driven by optimism surrounding strong demand for artificial intelligence investments.",
  "summary": "Asian shares were mixed on Monday as a robust US jobs report was seen as positive for global growth even as it narrowed the odds on a rise in interest rates while oil edged higher after the United States and Iran attacked ships in the Gulf. In Hong Kong, the benchmark Hang Seng Index inched up two points, or 0.01 percent, to open trading at 25,652 before reversing direction soon to be 239 points…",
  "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."
}