Hong Kong Stocks End Higher as Markets Analyze China data; Yunfeng Receives Regulatory Nod for Virtual Asset Dealing Services

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Published on 09/10/2025 at 05:00 am EDT
(MT Newswires) -- Hong Kong stocks ended higher Wednesday as markets analyzed the latest macro data from mainland China.
The Hang Seng Index gained 262.13 points, or 1.01%, to 26,200.26, while the Hang Seng China Enterprises Index rose 85.76 points, or 0.93%, to 9,328.16.
Official data from China showed that consumer prices slipped 0.4% year on year in August, the lowest since March. Industrial producer prices fell 2.9% in August, easing from the 3.6% drop a month ago.
Meanwhile British asset manager Schroders became the latest firm to be caught in a property downturn in Hong Kong, Bloomberg reported.
According to the report, two of the company's assets have been seized by bank creditors, while a third property is under deliberation by Bank of Communications.
In corporate news, Yunfeng Financial Group said its unit, Yunfeng Securities, has received approval from the Hong Kong Securities and Futures Commission to expand its Type 1 licence to cover virtual asset dealing services.
Shares were up nearly 28% at market close.
Meanwhile, Laekna said it will place 36 million new shares at HK$16.30 each under its general mandate, raising about HK$577.5 million in net proceeds.
Shares of the cancer therapies developer were down 13% at close.

Sumber : MT Newswires

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