Hong Kong stocks climb on hopes of Sino-U.S. trade accord

27th October 2025 - (Hong Kong) Hong Kong's equity markets opened with considerable strength, propelled by investor optimism surrounding the potential for a comprehensive trade agreement between the United States and China. The benchmark Hang Seng Index advanced 335 points, or 1.28%, to reach 26,495. Mirroring this upward trend, the Hang Seng China Enterprises Index gained 122 points, or 1.3%, settling at 9,486, while the Hang Seng Tech Index rose by 124 points, or 2.05%, to 6,184.
The technology sector demonstrated broad-based gains, contributing substantially to the market's positive performance. Industry heavyweight Tencent Holdings saw its shares increase by 1.8%, while Alibaba Group registered a more pronounced rise of 3.8%. Meituan, which announced plans for issuing USD and RMB priority notes, advanced by 0.9%. Other notable performers included JD.com, which climbed 1.7%, and Kuaishou, which jumped 2.7%. Bucking the sectoral trend, Xiaomi Corporation experienced a slight decline of 0.4%.
Financial heavyweights also provided robust support for the market upswing. HSBC Holdings posted a gain of 0.6%, and insurance giant AIA Group moved up by 1.2%. Further strengthening the financial sector, Ping An Insurance rose 0.9%, and Hong Kong Exchanges and Clearing, the city's bourse operator, saw its shares increase by 1.6%. The collective upward movement across major indices and key sectors reflects a market responding positively to developments on the international trade front.

Sumber : dimsumdaily.hk