Hang Seng Rises 1.4%, Financial Sector Leads
The Hang Seng Index rose for the third consecutive day in Hong Kong trading. The index rose 1.4%, or 363.21 points, to 26,710.45, its highest close since November 13.
The gains were led by financial sector stocks, while all sectors recorded gains. Of the 89 index members, 65 rose and 19 fell, indicating a fairly even strengthening.
Individually, HSBC was the largest contributor to the index's rise, with its shares rising 3.1%. Meanwhile, China Hongqiao Group recorded the largest gain today, surging 6.1%.
Longer-term, the Hang Seng has risen 36% in the past 52 weeks, in line with the 31% gain of the MSCI AC Asia Pacific Index over the same period. Currently, the Hang Seng is still 2.5% below its 52-week peak (October 2, 2025) and 43.1% above its low (January 13, 2025). In the short term, the index has risen 4.2% in the last five days and 2.4% in the 30 days.
In terms of valuation and risk, the Hang Seng is trading at a P/E of 13.4 (trailing) and approximately 12.8 times projected full-year earnings, with a dividend yield of 2.9% (last 12 months). The total market capitalization of index members is approximately HK$31.8 trillion. 30-day volatility has fallen to 16.62%, lower than the previous session. (asd)
Source: Newsmaker.id
