Hong Kong shares edged up 51 points, or 0.2%, to 25,824 in Wednesday morning trade, reversing mild losses from the previous session after Wall Street's S&P 500 closed at a fresh high overnight as data showed the U.S. economy grew at its fastest pace in two years. Investors weighed reports that China plans to step up urban renewal and strengthen efforts to stabilize the property market starting in 2026, at the launch of its new Five-Year Plan (2026–2030).
However, gains were capped by local data showing Hong Kong's current account surplus narrowed to HKD 98.2 billion in Q3 2025 from HKD 113.3 billion a year earlier. Inflation readings also showed annual consumer prices holding at 1.2% in November, staying at its highest since July 2025. Sector-wise, financial and property stocks led gains, while consumer shares were subdued ahead of an early market close for the Christmas Eve holiday. Notable gainers included SMIC (2.5%), HKEX (1.3%), AIA Group (1.0%), and Techtronic Industries (0.8%).(asd)
Source: Newsmaker.id
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