Regional Markets Mixed, Hong Kong's Hang Seng Under Pressure

February 23, 2026
Global Markets
Reuters

Asian regional markets showed mixed performance on February 23. Singapore's Straits Times Index edged up 0.3%, while Hong Kong's Hang Seng Index fell 1.5% due to concerns over China's economic data. US stock futures were marginally lower, contributing to cautious sentiment across the region.

On February 23, 2026, Southeast Asian and broader Asian stock markets displayed mixed movements. Singapore's Straits Times Index (STI) edged up 0.3% to close at 3280 points, boosted by banking stocks and REITs. However, Hong Kong's Hang Seng Index (HSI) showed weakness, falling 1.5% to 16250 points, primarily due to investor concerns over China's economic recovery prospects and geopolitical tensions. Japan's Nikkei 225 index saw a marginal decline of 0.1%. Concurrently, US stock index futures were slightly lower during Asian trading hours, signaling potential pressure for Wall Street's opening. This complex regional environment exerted some external pressure on the Malaysian market, though domestic factors remained the primary drivers.
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