Hang Seng Index rises as gold-related and new economy stocks surge

16th October 2025 - (Hong Kong) Hong Kong's equity market demonstrated cautious resilience in Thursday trading, with the benchmark Hang Seng Index registering modest gains amid mixed performances across key sectors and notable strength in gold-related stocks.
The index opened marginally lower, down 20 points at 25,890, before staging a recovery that saw it climb as much as 152 points to an intraday high of 26,062. By mid-session, the benchmark had settled with a gain of 96 points, or 0.37%, standing at 26,007. The Hang Seng Tech Index saw more modest advancement, adding 9 points (0.15%) to reach 6,084, while the Hang Seng China Enterprises Index rose 56 points (0.61%) to 9,307. Turnover across the main board reached HK$85.3 billion.
Market sentiment reflected a divided landscape among technology constituents. Tencent Holdings edged up 0.1%, while Alibaba Group registered a more substantial 0.9% gain. Meituan and JD.com experienced slight declines of 0.1%, with Xiaomi Corporation facing more significant pressure, down 2.1%. Kuaishou Technology bucked the trend with a 1% advance.
The financial sector presented a similarly mixed picture. HSBC Holdings declined 1.2%, while AIA Group dipped 0.3%. In contrast, Ping An Insurance climbed 1.1%, and Hong Kong Exchanges and Clearing advanced 0.3%.
Gold-related equities emerged as standout performers against the backdrop of continuing record highs for the precious metal. Zijin Mining Group rose 0.9%, with its subsidiary Zijin Gold International surging 4.1% following its inclusion in the Shenzhen-Hong Kong Stock Connect programme. Zhaojin Mining Industry jumped 3.6%, while Shandong Gold Mining added 0.6%. Jewellery retailers mirrored the positive sentiment, with Chow Tai Fook gaining 2.2% and Lao Feng Xiang Company soaring 7.1%.

Sumber : dimsumdaily.hk