The Hang Seng fell 281 points, or 1.0%, to close at 26,564 on Monday, extending losses to a third session as broad declines weighed on sentiment. Pressure mounted after U.S. futures tumbled on President Trump’s threat to impose tariffs on several European countries, starting at 10% on February 1 and rising to 25% by June 1, if they resist his bid to buy Greenland. Major EU members denounced the move as blackmail, while France floated unprecedented countermeasures. In China, Q4 GDP growth slowed to a three-year low on weak domestic demand. Though full-year growth met Beijing’s 5% target, trade frictions and structural imbalances cloud the outlook. Tech shares led losses, with SMIC down 2.7%, Kuaishou off 2.2%, and Xiaomi 1.6% lower. Pharma stocks also slumped, including Sino Biopharma (-6.0%), Hansoh (-4.1%), and Akeso (-3.3%). Investors now await the PBoC’s loan prime rate decision on Tuesday, after key lending rates stayed at record lows for a seventh straight month in December.
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Technical Analysis – EthereumNovember 21, 2025
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





