Hong Kong Stocks Edge Higher on Strong China Trade Data; Swire Pacific Slumps on Earnings

Published on 08/07/2025 at 04:47 am EDT
(MT Newswires) -- Hong Kong stocks extended gains for the fourth straight session on Thursday, lifted by stronger-than-expected Chinese trade data that reinforced optimism over the country's growth momentum.
The Hang Seng Index marginally rose 171.00 points, or 0.7%, to 25,081.63, while The Hang Seng China Enterprises Index (HSCEI) added 49.05 points, or 0.6%, to 8,981.73.
China's exports rose 7.2% year-on-year in July, customs data showed, beating a forecast 5.4% increase in a Reuters poll and accelerating from June's 5.8% growth.
Imports grew 4.1%, defying economists' expectations for a 1.0% fall and climbing from a 1.1% rise in June.
In corporate news, earnings and Sunshine Lake Pharma's listing debut were in focus.
Swire Pacific closed nearly 2% lower after posting a 79% plunge in first-half profit.
Meanwhile, Sunshine Lake Pharma ended the session at HK$59.90 after listing on the Hong Kong bourse by way of introduction.

Sumber : MT Newswires