Hang Seng Index's decline widened to 1% in late trading

2025-08-01 15:46:39

The Hang Seng Index's decline widened to 1% in late trading, with China Petroleum & Chemical Corporation and WuXi AppTec leading the decline in constituent stocks. The Hang Seng Tech Index was now down 0.89%.

WuXi AppTec

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Novo Nordisk (NVO.N): The downward revision of its fiscal year sales forecast is related to declining sales of its weight loss drug Wegovy in the United States.
                            2025-07-29

                                    Toyota Motor Corp. is expected to decide as early as Wednesday evening whether to resume operations at its Japanese factories.
                            2025-07-30

                                    CATL's losses widened in the afternoon, with A shares falling more than 4% to below 280 yuan and H shares falling more than 7%.
                            2025-07-30

                                    BYD: Sales of new energy vehicles in July were 344,296 units. The cumulative sales of new energy vehicles from January to July were 2,490,250 units, a year-on-year increase of 27.35%.
                            2025-08-01

                                    Amazon (AMZN.O) shares plummeted 7.1 percent, wiping out $178 billion in market value.
                            2025-08-01