Hong Kong Stocks Poised for Solid Weekly Gains

Hong Kong shares rose 175 points, or 0.7%, to 26,146 in early Friday trade, extending gains from the prior session amid broad gains across sectors.
Sentiment strengthened after the White House confirmed that U.S. President Trump will meet Chinese leader Xi Jinping on Oct. 30, easing concerns following recent trade tensions.
China also said that VP He Lifeng will meet with U.S. Treasury Secretary Bessent and Trade Representative Greer starting today.
On the mainland, equities rose for a second session after the Communist Party pledged to boost domestic demand, improve livelihoods, and promote technological self-reliance.
Locally, data showed Hong Kong's annual inflation held steady at 1.1% in September, with officials noting price stability and modest inflation ahead.
Solid gainers included China Hongqiao (4.5%), Sands China (4.4%), and Meituan (4.1%).
Weekly, the market is set for the first increase in three, jumping around 3.5% so far, buoyed by optimism of lower U.S. interest rates.

Sumber : tradingview.com