Hong Kong equities rose 73 points, or 0.3%, to 26,303 in Monday morning trade, marking gains for a second session amid strength mainly from tech and consumer stocks. Support also came from the Shanghai Composite, which hovered around decade highs, amid optimism toward the AI sector and easing deflation risks in China. Moreover, optimism grew that Beijing can balance domestic demand and supply to underpin earnings. Still, a sharp drop in U.S. futures capped advances after the Department of Justice launched a criminal probe into Federal Reserve Chair Jerome Powell, escalating President Trump’s pressure on the central bank. Meanwhile, caution prevailed ahead of key Chinese data this week, including December trade, credit figures, and Q4 GDP. Early movers included Meituan (4.0%), Kuaishou Tech (3.2%), Swire Properties (2.3%), and Techtronic Industries (2.0%). OmniVision Integrated Circuits rose 6.7% in their Hong Kong debut after the company raised HKD4.8 billion from a second listing.
Related Articles
Check Also
Close
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





