Market Overview - The Hang Seng Index closed at 25,716.76 points, down 0.7% for the day and up 0.34% year-to-date[5] - The Financial Index decreased by 1.01%, while the Property Index fell by 2.01%[5] - The total trading volume in Hong Kong stocks dropped by 4.8% to HKD 242.18 billion[7] Key Company Updates - Swire Properties reported a 27% increase in basic profit for the previous year[2] - China Shun Ke Long (974.HK) expects a net loss of RMB 11.5 million to RMB 17.5 million for FY2025, compared to a loss of RMB 67.98 million in FY2024[7] - Swire announced a placement of 153 million shares of Cathay Pacific (293.HK) at HKD 11.74 per share, a 9.62% discount to the last closing price, raising approximately HKD 1.797 billion[7] Commodity Prices - Brent crude oil rose by 9.22% to USD 100.46 per barrel, with a year-to-date increase of 65%[5] - New York gold futures decreased by 1.03% to USD 5,125.80, but are up 17.82% year-to-date[5] Stock Recommendations - China Resources Beer (291.HK) has a current price of HKD 25.80, with a target price of HKD 28.20 and a stop-loss at HKD 23.40[14] - Tencent Holdings (700.HK) has a suggested buy price of HKD 600, with a target price of HKD 680, currently trading at HKD 546.5[11] Economic Indicators - The U.S. two-year Treasury yield is at 3.7219%, up 16.14 basis points over the past five days[23] - The U.S. ten-year Treasury yield stands at 4.2492%, with a year-to-date increase of 8.22 basis points[23]