Hong Kong stocks open lower as gold miners face substantial selling pressure

22nd October 2025 - (Hong Kong) Hong Kong's equity markets commenced trading lower on Tuesday, with the benchmark Hang Seng Index declining by 129 points to open at 25,897. The market retreat represented a decrease of 0.49 per cent at the opening bell.
The technology sector contributed notably to the downward movement, with major constituents including Tencent and Alibaba registering declines of 0.7 per cent and 1.4 per cent respectively. The Hang Seng Tech Index mirrored this trend, falling 0.82 per cent to 5,958 points.
Financial stocks demonstrated general weakness during early trading. HSBC Holdings edged down 0.2 per cent, while AIA Group experienced a more pronounced drop of 1.7 per cent. Hong Kong Exchanges and Clearing recorded a 0.5 per cent decrease.
Gold-related equities faced substantial selling pressure following a downturn in bullion prices. Zijin Mining Group led the sector losses with a 4.8 per cent decline, while Shandong Gold Mining dropped 6.4 per cent. Jewelry retailer Chow Tai Fook saw a more modest decrease of 0.6 per cent.
Contrasting the broader market trend, Pop Mart International Group surged 7.8 per cent during early trading.

Sumber : dimsumdaily.hk