--- title: "Hong Kong stocks head for worst month since October on AI disruption angst" description: "Hong Kong stocks are set for their worst monthly decline since October, with the Hang Seng Index down 3.2% amid concerns over AI's impact on traditional industries. The index rose 0.6% to 26,545.09 on" type: "news" locale: "en" url: "https://longbridge.com/en/news/277151041.md" published_at: "2026-02-27T06:30:53.000Z" --- # Hong Kong stocks head for worst month since October on AI disruption angst > Hong Kong stocks are set for their worst monthly decline since October, with the Hang Seng Index down 3.2% amid concerns over AI's impact on traditional industries. The index rose 0.6% to 26,545.09 on Friday, while the Hang Seng Tech Index gained 0.9%. Sun Hung Kai Properties saw a 5.4% increase in shares after reporting a 36% profit rise. Global markets remain cautious, with Japan's Nikkei 225 down 0.7% and South Korea's Kospi down 2.1%. Hong Kong stocks headed for a monthly decline as jitters about artificial intelligence’s potential disruption to traditional industries continued to weigh on investor sentiment. The Hang Seng Index rose 0.6 per cent to 26,545.09 as of 9.45am on Friday. For the month, the benchmark has dropped 3.2 per cent, the steepest since October. The Hang Seng Tech Index gained 0.9 per cent. On the mainland, the CSI 300 Index slipped 0.4 per cent and the Shanghai Composite Index retreated 0.1 per cent. Sun Hung Kai Properties, Hong Kong’s biggest developer by market capitalisation, rallied 5.4 per cent to HK$143.70 after posting a 36 per cent profit increase in the first half. CK Asset Holdings rose 3.4 per cent to HK$49.72, extending gains after agreeing to sell a UK power distributor with other listed vehicles owned by billionaire Li Ka-shing. The so-called AI scare trade has roiled global stocks this month, with investors wary that the technology could upend industries from logistics and software to wealth management. Even strong earnings results from Nvidia did little to reverse sentiment, as revenue fell short of Wall Street’s most bullish estimates. Other major Asian markets traded on a weak note. Japan’s Nikkei 225 slipped 0.7 per cent, while South Korea’s Kospi retreated 2.1 per cent and Australia’s S&P/ASX 200 was little changed. ### Related Stocks - [00016.HK - SHK PPT](https://longbridge.com/en/quote/00016.HK.md) - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) - [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md) - [YCS.US - Pro Ultrshrt Yen](https://longbridge.com/en/quote/YCS.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | UOB Kay Hian Downgrades Sun Hung Kai Properties to Hold from Buy, Price Target is HK$143.80 | UOB Kay Hian Downgrades Sun Hung Kai Properties to Hold from Buy, Price Target is HK$143.80 | [Link](https://longbridge.com/en/news/276707492.md) | | Hong Kong govt says Q4 GDP +3.8% y/y | Hong Kong govt says Q4 GDP +3.8% y/y | [Link](https://longbridge.com/en/news/276826499.md) | | Top economist Steve Hanke blasts AI as wildly overhyped and dangerous | Top economist Steve Hanke criticizes AI, labeling it as overhyped and dangerous. He provides a score of 6.5/10 for an ar | [Link](https://longbridge.com/en/news/276542181.md) | | The AI Trade Didn’t Die, It Moved To Korea | King KospiThe AI trade didn’t die, it moved. KOSPI +125% over the past year, going full parabolic. | [Link](https://longbridge.com/en/news/276779782.md) | | Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp | Hong Kong will discontinue the two-decade-old "A Symphony of Lights" show, replacing it with immersive projections acros | [Link](https://longbridge.com/en/news/276972290.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.