30.12.202508:28:51UTC+00Hang Seng Rises 0.9% at Close

The Hang Seng Index experienced an upturn, climbing 219 points or 0.9% to conclude at 25,855 on Tuesday, successfully reversing previous declines with widespread gains across sectors. Leading the charge were technology stocks, which surged by 1.7%, spotlighted by notable advancements from SMIC (4.5%), Horizon Robotics (3.3%), Trip.com (1.9%), and Kuaishou Technology (1.0%). The consumer sector also saw upward movement, while financial stocks slightly advanced following Hong Kong's release of its November trade figures, which revealed the most significant rise in exports and imports in four years, indicating strong demand both internationally and domestically. Market sentiment was further buoyed by the debut of six Chinese companies on the Hong Kong Stock Exchange, with most opening above their initial public offering prices. This activity caps off a robust year for listings, reinforcing the city’s stature as Asia's pre-eminent fundraising center. The markets are on course for a second consecutive yearly gain, already up approximately 28.5%, driven by abundant liquidity from the mainland, a softening of U.S.–China trade tensions, and Beijing’s commitment to economic growth through assertive fiscal strategies and supportive monetary policies. Trading will continue on Wednesday but will conclude early due to the holiday.