Hang Seng Rises to 3-Week High
Hong Kong stocks rose 213 points, or 0.8%, to 26,025 on Monday morning, extending their gains for a second session as market participants opened the final week of 2025. The Hang Seng Index also hovered near a three-week high, with gains across many sectors.
Sentiment was also boosted by the Shanghai market, where the benchmark index recorded a ninth straight day of gains on Monday—its longest streak since April. On the policy front, Beijing signaled on Sunday that it would be more proactive fiscally next year, focusing on domestic demand, technological innovation, and social protection.
Technology stocks led the rally, rising 1.8%, with Meituan gaining 2.0%, followed by Trip.com (up 1.0%) and SMIC (up 0.9%). Consumer and financial stocks also rose, as expectations of stronger household spending due to continued policy support continued, and the market is projected to close 2025 nearly 30% higher—marking its second consecutive annual gain. (asd)
Source: Newsmaker.id
