恒生指数周二下跌81点，跌幅0.3%，收于23980点，大盘下跌，前一交易日有所回落。特朗普总统突然退出加拿大七国集团峰会后，美国股市期货暴跌，而以色列-伊朗紧张局势已持续到第五天，市场情绪减弱。在美联储将于周三作出利率决定的为期两天的政策会议开始之前，投资者也变得谨慎。尽管预计美联储将连续第四次保持利率稳定，但地缘政治风险和油价上涨可能会抑制短期宽松的希望。金融股领跌，此前中国5月份的人民币新增贷款远低于普遍预期，尽管从4月份的近20年低点略有反弹。平安和汇丰银行各下跌0.7%，恒生银行下跌0.4%。由于关税压力，5月份中国经济活动数据喜忧参半，消费者、科技和房地产股也下跌。周大福因计划通过可转换债券筹集10亿美元而暴跌7.3%。

The Hang Seng lost 81 points or 0.3% to close at 23,980 on Tuesday amid broad sector losses, swinging from gains in the prior session. Sentiment weakened as U.S. stock futures tumbled after President Trump’s abrupt exit from the G7 Summit in Canada, while Israel-Iran tensions extended into a fifth day. Investors also turned cautious ahead of the Fed’s two-day policy meeting starting today, with a rate decision due Wednesday. While the board is expected to hold rates steady for a fourth straight time, geopolitical risks and rising oil prices could dampen hopes for near-term easing. Financial stocks led losses after China’s May new yuan loans came in well below consensus despite a slight rebound from April’s near two-decade low. Ping An and HSBC each fell 0.7% while Hang Seng Bank dipped 0.4%. Consumer, tech, and property stocks also dropped amid mixed activity data in China for May due to tariff pressure. Chow Tai Fook plunged 7.3% on plans to raise USD 1 billion via convertible bonds.

香港股市周二上午下跌59点，跌幅0.2%，至24008点，扭转了前一交易日的涨幅，大部分板块下跌。在特朗普总统敦促从德黑兰撤离后，美国期货的大幅下跌打压了市场情绪，随着以色列-伊朗紧张局势进入第五天，引发了人们对更广泛冲突的担忧。在美联储从今天开始为期两天的政策会议之前，人们也普遍持谨慎态度，周三将作出利率决定。尽管预计美联储将连续第四次保持利率稳定，但不断升级的地缘政治风险和油价上涨可能会给近期降息的前景蒙上阴影。在中国，5月份的数据呈现出喜忧参半的局面：零售额创15个月新高，失业率降至6个月低点，但工业产出增长放缓至6个月低位。中国最高立法机构将召开第16次会议的消息限制了损失，这加剧了刺激经济的希望。跌幅较大的包括周大福（-5.7%）、万象城集团（-4.0%）、中芯国际（-1.1%）和波普国际（-1.0%）。

Hong Kong shares fell 59 points or 0.2% to 24,008 on Tuesday morning, reversing gains from the prior session as most sectors dropped. A sharp fall in U.S. futures weighed on sentiment after President Trump urged evacuations from Tehran, stoking fears of broader conflict as Israel-Iran tensions entered a fifth day. Caution also prevailed ahead of the Fed’s two-day policy meeting starting today, with a rate decision due Wednesday. While the Fed is expected to hold rates steady for the fourth straight time, escalating geopolitical risks and rising oil prices could cloud the outlook for near-term cuts. In China, May data painted a mixed picture: retail sales hit a 15-month high, the jobless rate fell to a 6-month low, but industrial output growth slowed to a 6-month low. Losses were limited by news that China’s top legislature will convene its 16th session, fueling stimulus hopes. Notable losers included Chow Tai Fook (-5.7%), Mixue Group (-4.0%), SMIC (-1.1%), and Pop Mart Intl. (-1.0%).

周一，恒生指数上涨168点，涨幅0.7%，收于24061点，扭转了早盘的跌势，实现了三个交易日以来的首次上涨。广州计划放宽购房限制和价格控制后，房地产股领涨。消费者和金融股也走强，由于假期驱动的需求，中国5月份的消费支出激增。在美联储周三做出利率决定之前，美国期货价格的上涨也提振了市场情绪。尽管人们普遍预计央行将连续第四次保持利率稳定，但中东紧张局势加剧和油价上涨可能会抑制短期宽松的前景。在本地，香港交易所旨在吸引东南亚和中东公司进行二次上市。广州富力地产因5月份销售强劲而飙升3.1%，而小米公司（4.6%）、华润置地（4.4%）和快手科技（3.5%）是涨幅最大的公司之一。然而，在一位大股东减持股份后，无锡生物制品股价下跌5.2%。

The Hang Seng rose 168 points or 0.7% to close at 24,061 on Monday, reversing early losses and posting its first gain in three sessions. Property stocks led gains after Guangzhou plans to ease home-buying curbs and price controls. Consumers and financials also strengthened, as China's consumer spending surged in May, due to holiday-driven demand. A jump in U.S. futures also boosted sentiment, ahead of the Fed’s interest rate decision Wednesday. While the central bank is widely expected to hold rates steady for the fourth straight meeting, mounting Middle East tensions and rising oil prices could dampen prospects for near-term easing. Locally, the Hong Kong bourse aims to attract Southeast Asian and Middle Eastern firms for secondary listings. Guangzhou R&F Properties soared 3.1% on stronger May sales, while Xiaomi Corp. (4.6%), China Resources Land (4.4%), and Kuaishou Tech (3.5%) were among the top movers. However, Wuxi Biologics sank 5.2% after a major shareholder reduced its stake.

截至周一午盘，香港股市下跌24点，跌幅0.1%，至23869点，连续第三个交易日下跌，交易员评估来自中国的喜忧参半的数据。5月份，中国大陆的零售额实现了15个月来最快的增长，而工业产出的增长是6个月来最低的，失业率降至6个月以来的最低水平。与此同时，随着以色列和伊朗之间的冲突进入第四天，投资者仍然关注中东紧张局势的加剧。在美联储周三做出利率决定之前，美国期货价格的小幅上涨帮助限制了进一步的损失。尽管特朗普总统敦促美联储主席鲍威尔降息，但预计央行将连续第四次保持借贷成本稳定。消费类和金融类股主要下跌，而房地产类股则上涨，此前最新数据显示，5月份中国新房价格出现13个月来最小跌幅。早盘下跌的包括汉生制药（-1.5%）、美团（-1.0%）和Techtronic Inds。 (-0.7%).

Hong Kong stocks slipped 24 points or 0.1% to 23,869 by midday Monday, down for the third session as traders assessed mixed data from China. Retail sales in the mainland saw their fastest growth in 15 months in May, while industrial output rose the least in six months, and the jobless rate fell to a six-month low. At the same time, investors remained focused on rising tensions in the Middle East as conflict between Israel and Iran entered its fourth day. A modest rise in U.S. futures helped limit further losses ahead of the Fed’s rate decision on Wednesday. The central bank is expected to hold borrowing costs steady for the fourth consecutive meeting, despite pressure from President Trump urging Fed Chief Powell to cut rates. Consumer and financial stocks were mainly lower while property jumped after fresh readings showed China's new home prices shrank the least in 13 months during May. Among early losers were Hansoh Pharma (-1.5%), Meituan (-1.0%), and Techtronic Inds. (-0.7%).