Hong Kong Stocks Tested by Heavyweight Quarterly Results as Hang Seng Index Comes Under Pressure
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On 22 October 2026, Ming Pao Daily Economic published an article by Lau Sze-ming, saying SpaceX and Super Micro Computer's quarterly results beat expectations, with AI business becoming an important driver, strengthening market confidence in AI computing power and infrastructure demand and giving Asia-Pacific stock markets a shot in the arm. However, the article also pointed out that Hong Kong stocks were suppressed by the test of heavyweight quarterly results, with the Hang Seng Index performance dragged down. The event remains at the stage of results testing, with the Hang Seng Index under pressure; the article did not mention specific index points or subsequent developments.
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- 明報·每日經濟Lau Sze-Ming: Hong Kong Stocks Face Earnings Test as Cathay Pacific's Yield Attracts
Lau Sze-Ming notes that SpaceX and Super Micro Computer reported better-than-expected quarterly results, with AI business becoming an important driver, strengthening market confidence in AI computing power and infrastructure demand and giving Asia-Pacific stock markets a shot in the arm. However, Hong Kong stocks are being suppressed by the earnings test of heavyweight stocks, dragging on the Hang Seng Index's performance.
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