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Indonesia News Portal for Traders | Financial & Business Updates

5 November 2025 15:30  |

Hang Seng Trims Losses at Finish

The Hang Seng fell 17 points, or 0.1%, to close at 25,935 on Wednesday, marking a second session of losses after Wall Street tumbled on valuation concerns Tuesday.

Tech and property shares led weakness, amid caution ahead of key Chinese data, including October trade figures on Friday and inflation releases on Sunday. Meanwhile, a private survey showed China’s services sector grew the least in three months during October, due to weak foreign demand and continued job cuts.

Still, markets pared early losses after remarks from Premier Li Qiang, who projected China’s economy would exceed CNY 170 trillion within five years. Beijing also announced a one-year suspension of the 24% additional tariffs on U.S. goods and the removal of duties of up to 15% on certain U.S. agricultural imports from Nov. 10, excluding soybeans.

Notable decliners included EV stocks Chery (-3.7%), Xpeng (-1.4%), and Li Auto (-0.6%). Other laggards were Prada (-3.3%), SenseTime (-3.1%), and Sunny Optical Tech. (-2.2%).

Source : Tradingeconomics.com

 

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