Hong Kong Market Rises to Near Two-Week High
Hong Kong stocks jumped 292 points, or 1.1%, to 27,059 in Tuesday morning trade, extending gains for a fifth straight session and approaching their highest level in two weeks. All sectors advanced, led by financials, which surged about 2% after Beijing pledged to deepen financial market connectivity with Hong Kong. Sentiment also improved on fresh data showing China's industrial profits grew 0.6% yoy in 2025, well above the 0.1% pace in January–November, supported by a sharp 5.3% rebound in December following November's 13.0% plunge. Gains were tempered, however, by weakness in U.S. futures after President Trump raised tariffs on South Korean imports to 25% from 15%, accusing Seoul of failing to honor last year's trade deal. On the mainland, stocks extended losses as caution built ahead of January's official PMI release. Top movers in Hong Kong included Zijin Gold Intl. (12.0%), Minimax Group (10.2%), AIA Group (3.6%), and Techtronic Industries (2.0%).
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Source: Trading Economics