Hong Kong Stocks Rebound as China Holds Rates; SICC Debuts, HKEX Rises on Profit Jump

Published on 08/20/2025 at 04:45 am EDT
(MT Newswires) -- Hong Kong equities rebounded on Wednesday, as sentiment was lifted after China's central bank kept benchmark lending rates unchanged in line with expectations.
The Hang Seng Index marginally added 43.04 points, or 0.2%, to 25,165.94, while the Hang Seng China Enterprises Index rose 7.04 points, or 0.1%, to 9,013.27.
China kept its benchmark lending rates unchanged for a third consecutive month on Wednesday, with the People's Bank of China holding the one-year loan prime rate at 3.00% and the five-year at 3.50%.
The move was in line with expectations and signalled little urgency for fresh monetary easing despite recent weak economic data, according to Reuters.
In corporate news, SICC made its trading debut in Hong Kong and closed over 6% higher at HK$45.54, compared with its offer price of HK$42.80.
As earnings also remained in focus, Hong Kong Exchanges and Clearingclosed nearly 2% higher after reporting an increase in first-half attributable profit.

Sumber : MT Newswires