---
title: "Hong Kong Stocks Drop Sharply"
description: "Hong Kong stocks fell sharply, dropping 489 points (1.8%) to 26,604, reversing a previous rally. This decline followed a significant drop on Wall Street due to renewed U.S. trade policy uncertainty af"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276670619.md"
published_at: "2026-02-24T02:01:08.000Z"
---

# Hong Kong Stocks Drop Sharply

> Hong Kong stocks fell sharply, dropping 489 points (1.8%) to 26,604, reversing a previous rally. This decline followed a significant drop on Wall Street due to renewed U.S. trade policy uncertainty after President Trump's new tariffs. The tech sector fell over 2%, and local jobless rates reached a three-year high of 3.9%. Despite this, a rebound in the Shanghai Composite limited losses. Notable decliners included Tencent Music (-4.3%) and Laopu Gold (-3.9%). Investors are awaiting key economic data releases this week.

Hong Kong shares tumbled 489 points, or 1.8%, to 26,604 in Tuesday morning trade, reversing a 2.5% rally in the prior session after a plunge on Wall Street overnight due to renewed U.S. trade policy uncertainty following President Trump’s new global tariff in the wake of a Supreme Court ruling.

Markets pulled back from a two-week top, with broad sector weakness.

Tech slid over 2% ahead of Nvidia’s earnings, while consumer and financials fell after local data showed the city's jobless rate hit an over three-year high of 3.9% in the three months to January.

Investors also awaited key releases this week, including Hong Kong's Q4 GDP, January inflation, and trade figures.

Still, a rebound in the Shanghai Composite helped limit losses as Chinese markets reopened post-Lunar New Year on hopes of lower levies after the U.S. court struck down Trump’s sweeping tariffs.

Notable decliners included Tencent Music Ent. (-4.3%), Laopu Gold (-3.9%), Pop Mart Intl. (-3.4%), and SMIC (-1.8%).

### Related Stocks

- [06181.HK - LAOPU GOLD](https://longbridge.com/en/quote/06181.HK.md)
- [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md)
- [01698.HK - TME-SW](https://longbridge.com/en/quote/01698.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 恒指季檢揭盅 寧德時代與老鋪黃金、洛鉬染藍 藍籌股增至 90 隻 | 恆指公司公布最新季檢結果，寧德時代、老鋪黃金及洛陽鉬業被納入恆指成分股，成分股增至 90 隻，同時剔除中升集團。國指方面，貝殼及地平線機器人被納入，華潤啤酒及蒙牛乳業被剔除，成分股維持 50 隻。科指沒有成分股變動。 | [Link](https://longbridge.com/en/news/275886502.md) |
| 老鋪黃金有限公司 H 股（6181）獲得國泰海通的買入評級 | 在昨天發佈的一份報告中，國泰君安維持了對老鋪黃金有限公司 H 類股票的買入評級，目標價為港幣 948.40 元。該公司的股票今天收盤價為港幣 849.50 元。聲明 50% 折扣 TipRanks Premium 解鎖對沖基金級別的數據和強 | [Link](https://longbridge.com/en/news/273810358.md) |
| 【每日通告】巴拿馬撤銷長和 (1) 旗下港口特許經營權，愛德新能源 (2623) 斥 2.18 億港元收購澳洲黃金生產商股權 | 巴拿馬最高法院裁決撤銷長和旗下港口的特許經營權，APM 接手管理。愛德新能源以 2.18 億港元收購澳洲黃金生產商近 10% 股權。星凱控股預計中期虧損收窄至 1200 萬至 1800 萬元。中國建築興業發盈警，預計全年純利大跌至 2.37 | [Link](https://longbridge.com/en/news/276676381.md) |
| 2028 年 AI 末日？ 失業率爆升引連鎖反應 | 投資機構 Citrini Research 發布的研究報告《2028 年 6 月情景分析》探討了 AI 對白領崗位的影響，預測到 2028 年將導致失業率上升、居民收入下降和消費市場收縮。報告指出，平臺型履約模式、支付清算網絡及私募信貸等商 | [Link](https://longbridge.com/en/news/276687268.md) |
| 發展黃金市場為今年重頭戲 許正宇：逾十銀行加入港金結算公司理事會 | 香港財經事務及庫務局局長許正宇表示，發展黃金市場是今年的重點，已與上海黃金交易所籤署合作協議，成立港金結算公司，預計年內啟動運作。超過 10 家銀行已確認加入理事會，目標是開發香港的黃金中央清算系統。此外，香港新股市場活躍，但對新股質素的關 | [Link](https://longbridge.com/en/news/276291952.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.