Hang Seng Rises on Hopes of Easing Chinese Deflation
Hong Kong stocks rose on Monday morning (November 10, 2025) after data showed Chinese consumer prices rose 0.2% year-on-year in October—the highest increase since January. This news fueled hopes that deflationary pressures in the world's second-largest economy are easing. The Hang Seng Index rose 0.5% to 26,375, while the Hang Seng Tech Index edged down 0.2%.
The gains were led by Pop Mart, which surged nearly 5%, followed by ZTO Express and New Oriental, which each rose 2.7%. However, some of the gains were offset by declines in Lenovo and SMIC. Analysts believe the surge in inflation was primarily driven by increased spending during the National Day holiday, so the positive effects are likely to be short-lived.
Meanwhile, other Asian markets also rose. Japan's Nikkei rose 0.9%, South Korea's Kospi surged 2.7%, and Australia's S&P/ASX 200 index rose 0.7%, reflecting positive sentiment in the region. (az)
Source: Newsmaker.id
