On Tuesday, the Hang Seng Index declined by 81 points, or 0.3%, closing at 23,980 due to widespread losses across various sectors, reversing gains from the previous session. Market sentiment dampened as U.S. stock futures declined following President Trump's sudden departure from the G7 Summit in Canada, coupled with ongoing Israel-Iran tensions now in their fifth day. Investors adopted a cautious stance ahead of the Federal Reserve's two-day policy meeting commencing today, with an interest rate decision expected on Wednesday. Although the Fed is anticipated to keep rates unchanged for the fourth consecutive time, geopolitical risks and escalating oil prices could temper expectations for short-term rate cuts. Financial stocks were notably impacted as China's new yuan loans for May significantly underperformed consensus predictions, despite a slight recovery from April's near two-decade low. Shares of Ping An and HSBC each decreased by 0.7%, while Hang Seng Bank slipped 0.4%. Consumer, technology, and property sectors also experienced declines amid China's mixed May activity data attributed to tariff pressures. Notably, Chow Tai Fook plummeted by 7.3% following their announcement to raise USD 1 billion through convertible bonds.