The Hang Seng rose 186 points, or 0.7%, to close at 25,968 on Thursday, reversing early declines as sentiment improved following reports that the U.S. and China will hold another round of high-level trade talks this weekend at the 47th ASEAN Summit.
Markets also rebounded from steep losses the previous day, as traders awaited a communique from China's fourth plenum, which may outline the government's economic, political, and social agenda, including five-year development plans.
Investors largely shrugged off reports that Washington could impose broad export restrictions on China in response to its rare earth curbs. All sectors contributed to the upturn, led by consumer, property, and financial stocks.
Alibaba Group jumped 1.5% after launching a new AI chatbot. Other top gainers included Meituan (4.6%) Sands China (4.3%), Chery Auto (3.3%), and Cathay Pacific Airways (2.0%). In contrast, Pop Mart Intl. tumbled almost 9% on worries over slowing revenue growth.
Source: Trading Economi
The Hang Seng Index opened lower by 63 points, or 0.24%, to 25,718, followed by the H-Share Index, which fell 0.34%, and the Technology Index, which fell 0.67%. This decline was driven by the decline ...
The Hang Seng Index fell 0.7% to 25,842.83 as of 10:00 a.m. local time, following a pause in Wall Street's rally as the S&P 500 stalled and the Nasdaq slipped 0.2%. Pressure came from tech stocks:...
The Hong Kong stock market opened brightly on Monday, driven by gains in major technology stocks like Tencent, Alibaba, and Xiaomi. The positive performance of these tech companies led to a significan...
The Hang Seng surged 612 points, or 2.4%, to close at 25,859 on Monday, recovering sharply from steep losses in the prior session as all sectors advanced. Investor sentiment was lifted by a strong ris...
The Hang Seng Index opened up more than 2.5% on Monday morning, as investor concerns about global trade tensions and banking sector stability eased. The main index rose 637 points to 25,884, led by ga...
Following the final October meeting (October 28–29, 2025), the FOMC calendar still lists December 9–10, 2025. This means the Fed could technically still act once more this year. Market and economist expectations, according to surveys and money...
Gold (XAU/USD) edges higher on Thursday, trading around $4,115, up nearly 0.40% for the day. Demand for safe-haven assets remains firm amid the prolonged budget deadlock in Washington and persistent geopolitical uncertainty. Expectations of further...
Dollar picks up slightly with CPI release in focus The U.S. dollar drifted higher Thursday as traders weighed up fresh trade threats between Washington and Beijing, ahead of the release of key inflation data. The Dollar Index, which tracks the...
The Fed will meet on October 28-29, 2025. This meeting is crucial because the market still considers the possibility of an interest rate cut, but...
According to a poll by Reuters, 115 of 117 economists have predicted that the Federal Reserve (Fed) will reduce interest rates by 25 basis points...
The 20-day US federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday.
"I think the...
U.S. President Donald Trump said Monday he expects to reach a "fair trade deal" with Chinese President Xi Jinping and downplayed fears of conflict...