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Hong Kong equities drifted lower by midday on Wednesday as selling pressure in real estate and financial shares offset modest gains in technology stocks. The Hang Seng Index slipped 0.08%, while the Hang Seng Tech Index rose 0.3% in subdued trade with mainland Chinese markets shut for the National Day holiday.
Hong Kong equities slipped in subdued midday trade on Wednesday, with losses in real estate and financial shares offsetting modest gains in technology stocks. The Hang Seng Index fell 0.08%, while the Hang Seng Tech Index advanced 0.3%, as mainland Chinese markets remained closed for the National Day holiday and overall turnover stayed muted.
The Institute of Chartered Accountants of India is preparing proposals to amend the Chartered Accountants Act, in a move aimed at enabling domestic firms to grow larger and compete more effectively with global professional services networks. The initiative follows discussions at the Prime Minister’s Office on regulatory adjustments and will likely include revisions to networking and practice rules that currently limit broader collaboration.
Leader of the Opposition Rahul Gandhi on Monday accused Chief Election Commissioner Gyanesh Kumar of altering Form 6 illegally during the Special Intensive Revision process, escalating the Opposition’s attack on the Election Commission. The Congress also alleged that the CEC had betrayed the Constitution in letter and spirit at the behest of Prime Minister Narendra Modi and Union Home Minister Amit Shah, sharpening the political confrontation over the integrity of India’s electoral machinery.
Dalal Street is heading into a heavy supply window as lock-in periods expire on shares in 91 companies over the next three months, releasing stock worth roughly $14 billion. The largest scheduled release is from Central Mine Planning & Design Institute, where 464 million shares are set to become tradable, raising the prospect of near-term volatility as investors assess whether newly unlocked holders choose to sell or stay put.
At the 72nd National Film Awards, Sumira Roy’s documentary Bhangaar has emerged as one of the most searching cultural works of the year, turning a private family demand for euthanasia into a wider meditation on ageing, autonomy, and the limits of care. The film’s recognition arrives as India confronts a rapidly expanding elderly population and a still-unsettled public conversation about end-of-life choice.
Sumira Roy’s National Award-winning documentary Bhangaar has emerged as one of the most searching works in this year’s National Film Awards conversation, using the Lavate family’s demand for euthanasia to examine autonomy, ageing and the right to die with dignity. At a moment when India’s elderly population is expanding rapidly, the film has struck a nerve by framing a deeply personal plea as a wider social and ethical reckoning.
HDFC Bank shares rose about 2% after the lender appointed Anup Bagchi as its new managing director and chief executive officer, removing a key uncertainty that had weighed on investor sentiment for months. Brokerages including Jefferies, Morgan Stanley and Citi stayed constructive, arguing that leadership clarity and strong quarterly business momentum could support a further re-rating.
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