Stocks in Hong Kong surged 413 points, or 1.6%, to 26,043 in early trade on the first trading day of 2026, rebounding from losses in the previous session as markets reopened after the New Year break. Sentiment was lifted by a marked rise in U.S. futures, following solid year-end gains on Wall Street in 2025. While U.S. equities underperformed the strong returns of the past two years, annual gains remained resilient despite a global sell-off triggered by tariff announcements in April. All sectors of the Hang Seng Index participated in the rally, led by tech, consumer, and property stocks. However, gains were capped as investors turned cautious ahead of Hong Kong's November retail sales data due later in the day. Among individual movers, Baidu Inc. jumped more than 6% after unveiling plans to spin off its AI chip unit. Other top gainers included SMIC (4.6%), Trip.com (3.7%), Xiaomi Corp. (2.7%), and Tencent Holdings (2.6%).(asd)
Sumber: Newsmaker.id
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