Stocks in Hong Kong might find some respite by the end of the week on Friday.

The Hang Seng Index took a minor dip on Thursday, finishing modestly lower and just short of the 25,000-point plateau. The index stumbled 202.94 points or 0.81 percent, marking the third consecutive session of a downturn for the Hong Kong stock market.

One of the significant contributors to the index's decline was ANTA Sports, which plunged 5.91 percent on Thursday. Alibaba Group and JD.com also saw losses, with Alibaba Group surrendering 4.69 percent and JD.com tanking 5.03 percent. However, CNOOC bucked the trend, surging 4.08 percent. Alibaba Health Info saw a more modest decrease of 0.74 percent.

The global forecast for Asian markets suggests little movement ahead of key U.S. inflation data. Investors are looking ahead to the release of the Commerce Department's report on personal income and spending in July, which includes the Federal Reserve's preferred readings on consumer price inflation.

Meanwhile, in the U.S., the economy grew more than estimated in the second quarter of 2025. First-time claims for U.S. unemployment benefits last week showed a modest decrease, according to the Labor Department, although no further details about the U.S. unemployment benefits were provided in the given context.

Elsewhere, crude oil prices moved higher on Thursday, with West Texas Intermediate crude for October delivery at $64.57 per barrel.

It's worth noting that on August 25, 2025, the Hang Seng Index overall rose by approximately 1.8%, indicating some positive stock movements in Hong Kong markets on that day. However, specific companies within the Hang Seng Index that changed their stock prices and the precise movements on Monday, July 25, 2025, are not detailed in the available search results.

In the tech sector, Nvidia (NVDA) reported second-quarter results that largely exceeded expectations, but data center sales came in below estimates. The precise impact of this on the Hang Seng Index was not specified.

The market will continue to be influenced by various factors, including economic data releases, geopolitical events, and company earnings reports. Stay tuned for further updates.