HONG KONG/SHANGHAI — China and Hong Kong stocks have fallen behind regional peers in the first two trading weeks of 2025 as investors take profits and shift to government bonds, putting pressure on Chinese regulators to support yields and the yuan.
As of Thursday, China’s benchmark CSI 300 was down 3.94% so far this year, while Hong Kong’s Hang Seng Index had dropped 4.08%. The Hang Seng China Enterprises Index — which last year logged its best annual performance since 2009 — declined 4.27%. The indexes were trading flat on Friday.
